HKG:0144 Income Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	13,354	11,842	11,482	12,545	11,850
Revenue Growth (YoY)	12.77%	3.14%	-8.47%	5.87%	32.48%
Cost of Revenue	6,849	6,346	6,327	6,977	6,493
Gross Profit	6,505	5,496	5,155	5,568	5,357
Selling, General & Admin	1,334	1,410	1,360	1,454	1,499
Operating Expenses	1,334	1,457	1,410	1,516	1,551
Operating Income	5,171	4,039	3,745	4,052	3,806
Interest Expense	-1,506	-1,718	-1,774	-1,861	-1,815
Interest & Investment Income	396	479	530	499	488
Earnings From Equity Investments	4,970	6,513	5,646	8,112	7,254
Currency Exchange Gain (Loss)	69	-135	-78	-481	8
Other Non Operating Income (Expenses)	23	620	305	194	-531
EBT Excluding Unusual Items	9,123	9,798	8,374	10,515	9,210
Gain (Loss) on Sale of Investments	-16	502	99	-361	424
Gain (Loss) on Sale of Assets	-9	-13	93	-86	27
Asset Writedown	-23	-25	-7	7	21
Other Unusual Items	-	16	-	-	944
Pretax Income	9,075	10,278	8,559	10,075	10,626
Income Tax Expense	1,387	1,197	1,174	1,046	1,241
Earnings From Continuing Operations	7,688	9,081	7,385	9,029	9,385
Minority Interest in Earnings	-1,184	-1,101	-961	-1,019	-1,014
Net Income	6,504	7,980	6,424	8,010	8,371
Preferred Dividends & Other Adjustments	47	61	191	229	227
Net Income to Common	6,457	7,919	6,233	7,781	8,144
Net Income Growth	-18.50%	24.22%	-19.80%	-4.31%	60.89%
Shares Outstanding (Basic)	4,198	4,198	4,068	3,861	3,704
Shares Outstanding (Diluted)	4,198	4,198	4,068	3,861	3,704
Shares Change (YoY)	-	3.19%	5.36%	4.25%	5.15%
EPS (Basic)	1.54	1.89	1.53	2.02	2.20
EPS (Diluted)	1.54	1.89	1.53	2.02	2.20
EPS Growth	-18.46%	23.12%	-23.97%	-8.35%	50.36%
Free Cash Flow	-	7,348	5,929	7,267	6,951
Free Cash Flow Per Share	-	1.75	1.46	1.88	1.88
Dividend Per Share	0.739	0.886	0.700	0.820	0.940
Dividend Growth	-16.59%	26.57%	-14.63%	-12.77%	36.23%
Gross Margin	48.71%	46.41%	44.90%	44.38%	45.21%
Operating Margin	38.72%	34.11%	32.62%	32.30%	32.12%
Profit Margin	48.35%	66.87%	54.29%	62.02%	68.73%
Free Cash Flow Margin	-	62.05%	51.64%	57.93%	58.66%
EBITDA	6,820	5,688	5,459	5,903	5,592
EBITDA Margin	51.07%	48.03%	47.54%	47.05%	47.19%
D&A For EBITDA	1,649	1,649	1,714	1,851	1,786
EBIT	5,171	4,039	3,745	4,052	3,806
EBIT Margin	38.72%	34.11%	32.62%	32.30%	32.12%
Effective Tax Rate	15.28%	11.65%	13.72%	10.38%	11.68%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.