HKG:0232 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	1,999	1,805	1,830	1,666	1,416
Revenue Growth (YoY)	10.74%	-1.35%	9.89%	17.59%	13.60%
Cost of Revenue	1,497	1,329	1,263	1,157	1,094
Gross Profit	502.22	476.7	567.57	508.49	322.65
Selling, General & Admin	397.39	365.86	380.29	335.03	357.88
Research & Development	45.25	51.32	53.61	38.24	28.56
Other Operating Expenses	-5.12	-2.18	49.72	-	-
Operating Expenses	437.63	415.14	484.05	374.62	386.87
Operating Income	64.58	61.56	83.52	133.87	-64.22
Interest Expense	-13.17	-13.2	-13.51	-14.08	-14.56
Interest & Investment Income	22.08	24.57	28.43	9.53	4.32
Earnings From Equity Investments	-2.01	-4.37	-4.11	-8.39	-4.13
Currency Exchange Gain (Loss)	23.71	-18.32	6.97	-2.46	-10.08
Other Non Operating Income (Expenses)	9.61	10.34	8.16	-1.58	18.76
EBT Excluding Unusual Items	104.8	60.58	109.45	116.9	-69.92
Gain (Loss) on Sale of Investments	-13.71	10.1	-	10.37	11.79
Gain (Loss) on Sale of Assets	-2.36	0.01	-18.75	-0.64	-7.87
Asset Writedown	-	-	-	-100.44	-16.36
Other Unusual Items	-	-2.58	-	0	57.56
Pretax Income	111.85	68.1	90.7	27.27	-24.79
Income Tax Expense	17.79	12.09	-71.51	-23.57	31.18
Earnings From Continuing Operations	94.07	56.01	162.21	50.83	-55.97
Net Income to Company	94.07	56.01	162.21	50.83	-55.97
Net Income	94.07	56.01	162.21	50.83	-55.97
Net Income to Common	94.07	56.01	162.21	50.83	-55.97
Net Income Growth	67.94%	-65.47%	219.11%	-	-
Shares Outstanding (Basic)	9,303	9,303	9,303	9,303	9,303
Shares Outstanding (Diluted)	9,303	9,303	9,303	9,303	9,303
EPS (Basic)	0.01	0.01	0.02	0.01	-0.01
EPS (Diluted)	0.01	0.01	0.02	0.01	-0.01
EPS Growth	67.94%	-65.47%	219.15%	-	-
Free Cash Flow	-	-6.85	69.19	224.11	-57.13
Free Cash Flow Per Share	-	-0.00	0.01	0.02	-0.01
Dividend Per Share	0.005	0.005	0.005	-	-
Gross Margin	25.12%	26.40%	31.01%	30.53%	22.78%
Operating Margin	3.23%	3.41%	4.56%	8.04%	-4.53%
Profit Margin	4.71%	3.10%	8.86%	3.05%	-3.95%
Free Cash Flow Margin	-	-0.38%	3.78%	13.46%	-4.03%
EBITDA	192.68	189.66	206.48	351.81	68.89
EBITDA Margin	9.64%	10.51%	11.28%	21.12%	4.86%
D&A For EBITDA	128.1	128.1	122.96	217.94	133.11
EBIT	64.58	61.56	83.52	133.87	-64.22
EBIT Margin	3.23%	3.41%	4.56%	8.04%	-4.53%
Effective Tax Rate	15.90%	17.75%	-	-	-

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