Raymond Industrial 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	1,083	1,076	1,363	1,063	1,434
Revenue Growth (YoY)	0.71%	-21.06%	28.19%	-25.85%	11.18%
Cost of Revenue	943.86	926.27	1,155	932.65	1,261
Gross Profit	139.48	149.46	207.31	130.4	172.93
Selling, General & Admin	113.49	122.42	132.21	108.54	127.78
Operating Expenses	113.49	122.42	132.21	108.54	127.78
Operating Income	25.99	27.04	75.1	21.86	45.15
Interest & Investment Income	13.04	17.24	15.18	3.46	0.45
Currency Exchange Gain (Loss)	4.53	7.45	7.38	1.1	0.13
Other Non Operating Income (Expenses)	9.48	3.35	4.79	8.35	2.21
EBT Excluding Unusual Items	53.05	55.07	102.45	34.77	47.94
Gain (Loss) on Sale of Assets	-1.13	-0.03	-0.36	-0.02	-0.07
Asset Writedown	1.4	-0.9	-23.59	-0.42	-0.6
Pretax Income	53.32	54.14	78.5	34.34	47.27
Income Tax Expense	6.9	8.92	10.63	3.83	5.31
Net Income	46.41	45.22	67.87	30.5	41.96
Net Income to Common	46.41	45.22	67.87	30.5	41.96
Net Income Growth	2.64%	-33.38%	122.50%	-27.30%	-33.63%
Shares Outstanding (Basic)	501	501	501	501	499
Shares Outstanding (Diluted)	501	501	501	501	500
Shares Change (YoY)	-	-	0.01%	0.21%	0.80%
EPS (Basic)	0.09	0.09	0.14	0.06	0.08
EPS (Diluted)	0.09	0.09	0.14	0.06	0.08
EPS Growth	2.64%	-33.38%	122.48%	-27.47%	-34.14%
Free Cash Flow	-15.4	33.95	51.24	116.8	-13.1
Free Cash Flow Per Share	-0.03	0.07	0.10	0.23	-0.03
Dividend Per Share	0.070	0.060	0.070	0.060	0.060
Dividend Growth	16.67%	-14.29%	16.67%	-	-
Gross Margin	12.88%	13.89%	15.21%	12.27%	12.06%
Operating Margin	2.40%	2.51%	5.51%	2.06%	3.15%
Profit Margin	4.28%	4.20%	4.98%	2.87%	2.93%
Free Cash Flow Margin	-1.42%	3.16%	3.76%	10.99%	-0.91%
EBITDA	56.76	53.54	101.21	52.94	78.11
EBITDA Margin	5.24%	4.98%	7.43%	4.98%	5.45%
D&A For EBITDA	30.77	26.5	26.12	31.08	32.96
EBIT	25.99	27.04	75.1	21.86	45.15
EBIT Margin	2.40%	2.51%	5.51%	2.06%	3.15%
Effective Tax Rate	12.95%	16.48%	13.54%	11.16%	11.24%

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