Raymond Industrial Limited (HKG:0229)

Raymond Industrial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,083	1,076	1,363	1,063	1,434	1,290
Revenue Growth (YoY)	-12.47%	-21.06%	28.19%	-25.85%	11.18%	11.59%
Cost of Revenue	931.6	924.27	1,155	932.65	1,261	1,092
Gross Profit	151.38	151.47	207.31	130.4	172.93	197.65
Selling, General & Admin	118.29	122.42	132.21	108.54	127.78	111.52
Operating Expenses	118.29	122.42	132.21	108.54	127.78	111.52
Operating Income	33.09	29.04	75.1	21.86	45.15	86.13
Interest & Investment Income	15.14	17.24	15.18	3.46	0.45	2.12
Currency Exchange Gain (Loss)	11.54	7.45	7.38	1.1	0.13	-6.49
Other Non Operating Income (Expenses)	4.48	3.35	4.79	8.35	2.21	2.24
EBT Excluding Unusual Items	64.25	57.08	102.45	34.77	47.94	83.99
Gain (Loss) on Sale of Assets	-0.19	-0.03	-0.36	-0.02	-0.07	0.16
Asset Writedown	-2.9	-2.9	-23.59	-0.42	-0.6	-7.27
Pretax Income	61.15	54.14	78.5	34.34	47.27	76.88
Income Tax Expense	10.25	8.92	10.63	3.83	5.31	13.66
Net Income	50.9	45.22	67.87	30.5	41.96	63.22
Net Income to Common	50.9	45.22	67.87	30.5	41.96	63.22
Net Income Growth	-26.26%	-33.38%	122.50%	-27.30%	-33.63%	62.21%
Shares Outstanding (Basic)	501	501	501	501	499	495
Shares Outstanding (Diluted)	501	501	501	501	500	496
Shares Change (YoY)	0.03%	-	0.01%	0.21%	0.80%	-0.16%
EPS (Basic)	0.10	0.09	0.14	0.06	0.08	0.13
EPS (Diluted)	0.10	0.09	0.14	0.06	0.08	0.13
EPS Growth	-26.28%	-33.38%	122.48%	-27.47%	-34.14%	62.50%
Free Cash Flow	-	33.95	51.24	116.8	-13.1	64.4
Free Cash Flow Per Share	-	0.07	0.10	0.23	-0.03	0.13
Dividend Per Share	0.060	0.060	0.070	0.060	0.060	0.060
Dividend Growth	-25.00%	-14.29%	16.67%	-	-	-
Gross Margin	13.98%	14.08%	15.21%	12.27%	12.06%	15.33%
Operating Margin	3.06%	2.70%	5.51%	2.06%	3.15%	6.68%
Profit Margin	4.70%	4.20%	4.98%	2.87%	2.93%	4.90%
Free Cash Flow Margin	-	3.16%	3.76%	10.99%	-0.91%	4.99%
EBITDA	59.8	55.54	101.21	52.94	78.11	118.83
EBITDA Margin	5.52%	5.16%	7.43%	4.98%	5.45%	9.21%
D&A For EBITDA	26.71	26.5	26.12	31.08	32.96	32.7
EBIT	33.09	29.04	75.1	21.86	45.15	86.13
EBIT Margin	3.06%	2.70%	5.51%	2.06%	3.15%	6.68%
Effective Tax Rate	16.76%	16.48%	13.54%	11.16%	11.24%	17.77%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.