HKG:0228 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	253.13	300.1	332.03	323.03	353.59	173.48
Revenue	253.13	300.1	332.03	323.03	353.59	173.48
Revenue Growth (YoY)	-23.19%	-9.62%	2.79%	-8.64%	103.82%	9.76%
Cost of Revenue	47.37	51.63	48.37	49.13	47.68	45.41
Gross Profit	205.76	248.47	283.67	273.9	305.91	128.07
Selling, General & Admin	36.57	46.91	50.53	51.21	59.28	50.98
Amortization of Goodwill & Intangibles	19.67	22.84	25.87	26.51	29.45	22.87
Other Operating Expenses	21.1	20.61	10.15	6.06	8.25	14.48
Operating Expenses	108.48	127.73	131.89	132.02	154.82	122.11
Operating Income	97.28	120.74	151.78	141.88	151.08	5.96
Interest Expense	-27.29	-36.06	-49.18	-54.62	-46.28	-25.19
Interest & Investment Income	0.06	0.24	1.02	1.79	1.72	1.91
Currency Exchange Gain (Loss)	0	0	-	-	-	-
Other Non Operating Income (Expenses)	-11.81	-8.17	-6.12	-2.86	-4.63	-6.6
EBT Excluding Unusual Items	58.24	76.76	97.5	86.19	101.9	-23.92
Gain (Loss) on Sale of Investments	-5.34	-6.82	-1.6	-8.8	1.39	5.21
Asset Writedown	-21.66	-13.68	-5.13	13.03	98.48	-0.38
Other Unusual Items	0.13	0.13	0	1.4	-	-
Pretax Income	31.38	56.4	90.77	91.82	201.77	-19.09
Income Tax Expense	27.78	29.69	21.89	8.86	77.05	-4.4
Earnings From Continuing Operations	3.59	26.71	68.88	82.96	124.72	-14.7
Minority Interest in Earnings	0.96	0.63	0.65	0.3	-0.94	0.52
Net Income	4.55	27.34	69.53	83.27	123.78	-14.17
Net Income to Common	4.55	27.34	69.53	83.27	123.78	-14.17
Net Income Growth	-93.32%	-60.67%	-16.50%	-32.73%	-	-
Shares Outstanding (Basic)	304	272	238	238	238	238
Shares Outstanding (Diluted)	304	272	339	339	339	238
Shares Change (YoY)	-10.12%	-19.61%	-	-	42.56%	-
EPS (Basic)	0.01	0.10	0.29	0.35	0.52	-0.06
EPS (Diluted)	-0.01	0.10	0.24	0.28	0.39	-0.06
EPS Growth	-	-58.27%	-13.43%	-29.63%	-	-
Free Cash Flow	81.88	99.32	69.41	-31.78	-12.44	-415.94
Free Cash Flow Per Share	0.27	0.36	0.20	-0.09	-0.04	-1.75
Gross Margin	81.29%	82.80%	85.43%	84.79%	86.52%	73.83%
Operating Margin	38.43%	40.23%	45.71%	43.92%	42.73%	3.44%
Profit Margin	1.80%	9.11%	20.94%	25.78%	35.00%	-8.17%
Free Cash Flow Margin	32.35%	33.09%	20.90%	-9.84%	-3.52%	-239.76%
EBITDA	144.66	177.53	213.82	205.33	221.2	52.16
EBITDA Margin	57.15%	59.16%	64.40%	63.56%	62.56%	30.07%
D&A For EBITDA	47.39	56.79	62.05	63.45	70.12	46.2
EBIT	97.28	120.74	151.78	141.88	151.08	5.96
EBIT Margin	38.43%	40.23%	45.71%	43.92%	42.73%	3.44%
Effective Tax Rate	88.55%	52.64%	24.11%	9.64%	38.19%	-

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