Lippo China Resources 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	864.46	775.3	739.44	607.39	648.55
Revenue Growth (YoY)	11.50%	4.85%	21.74%	-6.35%	-1.07%
Cost of Revenue	334.4	301.73	310.86	292.8	329.17
Gross Profit	530.06	473.57	428.58	314.59	319.38
Selling, General & Admin	436.63	409.19	399.6	379.23	392.39
Other Operating Expenses	138.86	180.87	144.55	138.22	139.62
Operating Expenses	575.49	590.06	544.15	517.45	532.01
Operating Income	-45.43	-116.49	-115.57	-202.86	-212.63
Interest Expense	-52.62	-56.7	-52.28	-39.99	-30.25
Interest & Investment Income	-	-	-	-	0.12
Earnings From Equity Investments	23.44	41.35	-4.11	39.55	49.82
Currency Exchange Gain (Loss)	1.68	2.84	-2.81	-6	-13.45
Other Non Operating Income (Expenses)	15.33	1.22	-3.16	-3.22	13.96
EBT Excluding Unusual Items	-57.61	-127.78	-177.92	-212.51	-192.43
Gain (Loss) on Sale of Investments	-35.76	-63.12	20.74	-101.38	217.06
Gain (Loss) on Sale of Assets	-0.43	-11.95	-3.1	0.14	10.31
Asset Writedown	-61.46	-117.1	-25.68	-22.21	-8.99
Legal Settlements	-	-386.48	-	-	-
Other Unusual Items	1.8	-	-	15.95	11.96
Pretax Income	-153.45	-706.43	-185.96	-320.01	37.91
Income Tax Expense	-97.89	2.33	-1.2	-3.48	-1.09
Earnings From Continuing Operations	-55.57	-708.76	-184.76	-316.52	39
Minority Interest in Earnings	-5.71	25.07	38.34	38.63	9.66
Net Income	-61.27	-683.7	-146.42	-277.89	48.67
Net Income to Common	-61.27	-683.7	-146.42	-277.89	48.67
Shares Outstanding (Basic)	919	919	919	919	919
Shares Outstanding (Diluted)	919	919	919	919	919
EPS (Basic)	-0.07	-0.74	-0.16	-0.30	0.05
EPS (Diluted)	-0.07	-0.74	-0.16	-0.30	0.05
Free Cash Flow	-	165.88	-85.08	-30.86	55.4
Free Cash Flow Per Share	-	0.18	-0.09	-0.03	0.06
Dividend Per Share	-	-	-	0.035	0.045
Dividend Growth	-	-	-	-22.22%	-38.64%
Gross Margin	61.32%	61.08%	57.96%	51.79%	49.25%
Operating Margin	-5.26%	-15.02%	-15.63%	-33.40%	-32.78%
Profit Margin	-7.09%	-88.19%	-19.80%	-45.75%	7.50%
Free Cash Flow Margin	-	21.39%	-11.51%	-5.08%	8.54%
EBITDA	21.61	-49.45	-44.58	-135.08	-152.55
EBITDA Margin	2.50%	-6.38%	-6.03%	-22.24%	-23.52%
D&A For EBITDA	67.04	67.04	70.99	67.78	60.08
EBIT	-45.43	-116.49	-115.57	-202.86	-212.63
EBIT Margin	-5.26%	-15.02%	-15.63%	-33.40%	-32.78%

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