HKG:0228 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
Operating Revenue	234.26	300.1	332.03	323.03	353.59
Revenue	234.26	300.1	332.03	323.03	353.59
Revenue Growth (YoY)	-21.94%	-9.62%	2.79%	-8.64%	103.82%
Cost of Revenue	47.68	51.63	48.37	49.13	47.68
Gross Profit	186.58	248.47	283.67	273.9	305.91
Selling, General & Admin	34.32	46.91	50.53	51.21	59.28
Amortization of Goodwill & Intangibles	18.91	22.84	25.87	26.51	29.45
Other Operating Expenses	12.51	20.61	10.15	6.06	8.25
Operating Expenses	105.77	127.73	131.89	132.02	154.82
Operating Income	80.81	120.74	151.78	141.88	151.08
Interest Expense	-19.74	-36.06	-49.18	-54.62	-46.28
Interest & Investment Income	0.03	0.24	1.02	1.79	1.72
Currency Exchange Gain (Loss)	0	0	-	-	-
Other Non Operating Income (Expenses)	-5	-8.17	-6.12	-2.86	-4.63
EBT Excluding Unusual Items	56.1	76.76	97.5	86.19	101.9
Gain (Loss) on Sale of Investments	-2.3	-6.82	-1.6	-8.8	1.39
Asset Writedown	-21.52	-13.68	-5.13	13.03	98.48
Other Unusual Items	-	0.13	0	1.4	-
Pretax Income	32.28	56.4	90.77	91.82	201.77
Income Tax Expense	9.81	29.69	21.89	8.86	77.05
Earnings From Continuing Operations	22.47	26.71	68.88	82.96	124.72
Minority Interest in Earnings	3.41	0.63	0.65	0.3	-0.94
Net Income	25.87	27.34	69.53	83.27	123.78
Net Income to Common	25.87	27.34	69.53	83.27	123.78
Net Income Growth	-5.38%	-60.67%	-16.50%	-32.73%	-
Shares Outstanding (Basic)	307	272	238	238	238
Shares Outstanding (Diluted)	307	272	339	339	339
Shares Change (YoY)	12.90%	-19.61%	-	-	42.56%
EPS (Basic)	0.08	0.10	0.29	0.35	0.52
EPS (Diluted)	0.08	0.10	0.24	0.28	0.39
EPS Growth	-15.85%	-58.27%	-13.43%	-29.63%	-
Free Cash Flow	-	99.32	69.41	-31.78	-12.44
Free Cash Flow Per Share	-	0.36	0.20	-0.09	-0.04
Gross Margin	79.65%	82.80%	85.43%	84.79%	86.52%
Operating Margin	34.50%	40.23%	45.71%	43.92%	42.73%
Profit Margin	11.04%	9.11%	20.94%	25.78%	35.00%
Free Cash Flow Margin	-	33.09%	20.90%	-9.84%	-3.52%
EBITDA	137.6	177.53	213.82	205.33	221.2
EBITDA Margin	58.74%	59.16%	64.40%	63.56%	62.56%
D&A For EBITDA	56.79	56.79	62.05	63.45	70.12
EBIT	80.81	120.74	151.78	141.88	151.08
EBIT Margin	34.50%	40.23%	45.71%	43.92%	42.73%
Effective Tax Rate	30.39%	52.64%	24.11%	9.64%	38.19%

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