Magnificent Hotel Investments Limited (HKG:0201)

HKG:0201 Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	517.83	451.77	439.44	326.4	223.36	422.57
Other Revenue	-	0.05	0.04	-	0.05	5.02
Revenue	517.83	451.81	439.48	326.4	223.41	427.59
Revenue Growth (YoY)	51.40%	2.81%	34.65%	46.10%	-47.75%	-26.24%
Cost of Revenue	306.14	244.35	192.66	201.89	138.96	266.22
Gross Profit	211.69	207.46	246.82	124.51	84.45	161.37
Selling, General & Admin	41.19	69.15	36.12	31.14	30.06	32.34
Operating Expenses	171.47	166.32	111.93	109.33	111.4	116.07
Operating Income	40.22	41.14	134.89	15.18	-26.95	45.31
Interest Expense	-47.56	-43.78	-23.1	-6.51	-8.32	-8.03
Interest & Investment Income	7.22	7.66	10.59	0.56	0.81	7.86
Currency Exchange Gain (Loss)	-0.03	-0.03	-0.01	0.01	5.76	24.32
Other Non Operating Income (Expenses)	1.07	1.32	0.76	0.58	0.45	1.18
EBT Excluding Unusual Items	0.92	6.31	123.14	9.83	-28.26	70.64
Gain (Loss) on Sale of Investments	-	-	0.13	-0.07	-	-
Gain (Loss) on Sale of Assets	-1.02	-0.27	521.4	0.71	0.8	3.5
Asset Writedown	17.92	22.92	-32	62.3	-180.31	-28
Other Unusual Items	-	-	3.65	1.1	3.85	-
Pretax Income	17.82	28.95	616.31	73.87	-203.93	46.13
Income Tax Expense	65.55	62.01	24.15	8.27	-2.22	14.3
Earnings From Continuing Operations	-47.74	-33.05	592.16	65.6	-201.71	31.83
Net Income to Company	-47.74	-33.05	592.16	65.6	-201.71	31.83
Minority Interest in Earnings	0.39	0.14	0.64	-0.08	-	-
Net Income	-47.35	-32.91	592.8	65.52	-201.71	31.83
Net Income to Common	-47.35	-32.91	592.8	65.52	-201.71	31.83
Net Income Growth	-	-	804.73%	-	-	-87.77%
Shares Outstanding (Basic)	8,947	8,947	8,947	8,947	8,947	8,947
Shares Outstanding (Diluted)	8,947	8,947	8,947	8,947	8,947	8,947
EPS (Basic)	-0.01	-0.00	0.07	0.01	-0.02	0.00
EPS (Diluted)	-0.01	-0.00	0.07	0.01	-0.02	0.00
EPS Growth	-	-	804.77%	-	-	-87.78%
Free Cash Flow	110.99	63.31	181.15	90.98	14.05	134.73
Free Cash Flow Per Share	0.01	0.01	0.02	0.01	0.00	0.02
Dividend Per Share	-	-	-	-	-	0.001
Dividend Growth	-	-	-	-	-	-89.07%
Gross Margin	40.88%	45.92%	56.16%	38.15%	37.80%	37.74%
Operating Margin	7.77%	9.10%	30.69%	4.65%	-12.06%	10.60%
Profit Margin	-9.14%	-7.28%	134.89%	20.07%	-90.29%	7.44%
Free Cash Flow Margin	21.43%	14.01%	41.22%	27.87%	6.29%	31.51%
EBITDA	169.72	137.53	209.9	92.49	53.54	128.24
EBITDA Margin	32.78%	30.44%	47.76%	28.34%	23.96%	29.99%
D&A For EBITDA	129.5	96.39	75.01	77.31	80.49	82.93
EBIT	40.22	41.14	134.89	15.18	-26.95	45.31
EBIT Margin	7.77%	9.10%	30.69%	4.65%	-12.06%	10.60%
Effective Tax Rate	367.91%	214.15%	3.92%	11.19%	-	31.00%
Revenue as Reported	517.83	451.81	439.48	326.4	223.41	427.59

Source: S&P Capital IQ. Standard template. Financial Sources.