New Times Corporation 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	14,928	10,897	26,150	20,913	11,167
Revenue Growth (YoY)	36.99%	-58.33%	25.04%	87.28%	121.81%
Cost of Revenue	15,002	11,096	26,167	20,492	11,076
Gross Profit	-74.1	-199.3	-17	421.4	90.66
Selling, General & Admin	88.2	109.1	108.3	130.9	109.85
Operating Expenses	88.2	109.1	108.3	130.9	109.85
Operating Income	-162.3	-308.4	-125.3	290.5	-19.19
Interest Expense	-19.8	-32.9	-54.6	-27.8	-13.93
Interest & Investment Income	16	20.7	25.7	32.6	3.38
Earnings From Equity Investments	-	-0.9	-	-	-0.01
Currency Exchange Gain (Loss)	2.4	-8.6	-4.5	-27.4	-8.24
Other Non Operating Income (Expenses)	4.1	16.7	25	14.4	15.75
EBT Excluding Unusual Items	-159.6	-313.4	-133.7	282.3	-22.22
Gain (Loss) on Sale of Investments	-	-	-20.9	-0.9	-43.45
Gain (Loss) on Sale of Assets	-	8	-0.5	-	-4.22
Asset Writedown	0.9	178.8	-3.5	-	-
Other Unusual Items	-	22.6	-1	19.3	413.53
Pretax Income	-147.3	-86.2	-159.6	300.7	343.64
Income Tax Expense	-6.4	1.2	-9.1	14.8	14.23
Earnings From Continuing Operations	-140.9	-87.4	-150.5	285.9	329.4
Earnings From Discontinued Operations	-646	-	-	-	-
Net Income to Company	-786.9	-87.4	-150.5	285.9	329.4
Minority Interest in Earnings	9.6	-	-	-	-0
Net Income	-777.3	-87.4	-150.5	285.9	329.4
Net Income to Common	-777.3	-87.4	-150.5	285.9	329.4
Net Income Growth	-	-	-	-13.21%	-
Shares Outstanding (Basic)	8,742	8,742	8,742	8,781	8,759
Shares Outstanding (Diluted)	8,742	8,742	8,742	8,781	8,759
Shares Change (YoY)	-	-	-0.44%	0.25%	-
EPS (Basic)	-0.09	-0.01	-0.02	0.03	0.04
EPS (Diluted)	-0.09	-0.01	-0.02	0.03	0.04
EPS Growth	-	-	-	-13.41%	-
Free Cash Flow	-	-300	-65.1	328.1	91.25
Free Cash Flow Per Share	-	-0.03	-0.01	0.04	0.01
Gross Margin	-0.50%	-1.83%	-0.07%	2.02%	0.81%
Operating Margin	-1.09%	-2.83%	-0.48%	1.39%	-0.17%
Profit Margin	-5.21%	-0.80%	-0.58%	1.37%	2.95%
Free Cash Flow Margin	-	-2.75%	-0.25%	1.57%	0.82%
EBITDA	-45.1	-191.2	45.6	416.3	16.2
EBITDA Margin	-0.30%	-1.75%	0.17%	1.99%	0.14%
D&A For EBITDA	117.2	117.2	170.9	125.8	35.39
EBIT	-162.3	-308.4	-125.3	290.5	-19.19
EBIT Margin	-1.09%	-2.83%	-0.48%	1.39%	-0.17%
Effective Tax Rate	-	-	-	4.92%	4.14%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.