Tsim Sha Tsui Properties Limited (HKG:0247)

Tsim Sha Tsui Properties Income Statement

Financials in millions HKD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Other Revenue	7,602	8,899	12,396	16,007	24,894	6,127
Total Revenue	7,763	9,043	12,482	16,094	24,981	6,230
Revenue Growth (YoY	-29.76%	-27.55%	-22.44%	-35.58%	300.98%	-31.26%
Property Expenses	4,578	5,380	6,524	7,331	11,041	2,470
Selling, General & Administrative	863	885	910	881.59	831.19	850.52
Other Operating Expenses	210	207	228	174	214.11	199.8
Total Operating Expenses	5,651	6,472	7,662	8,387	12,086	3,521
Operating Income	2,112	2,571	4,820	7,707	12,895	2,709
Interest Expense	-57	-50	-47	-42.96	-58.49	-42.97
Interest & Investment Income	2,385	2,375	1,420	341.7	572.89	1,027
Income (Loss) on Equity Investments	-	-	-	-59.31	-	-
Other Non-Operating Income	-367	-299	22	120.24	133.47	210.86
EBT Excluding Unusual Items	4,073	4,597	6,215	8,067	13,543	3,905
Gain (Loss) on Sale of Investments	284	403	379	-80.13	-1.83	137.93
Gain (Loss) on Sale of Assets	-	-	-	4	17.27	179.29
Asset Writedown	-471	-193	179	-683.17	-554.23	-2,021
Pretax Income	3,886	4,807	6,773	7,308	13,004	2,201
Income Tax Expense	405	520	863	1,351	2,532	527.49
Earnings From Continuing Operations	3,481	4,287	5,910	5,957	10,473	1,674
Minority Interest in Earnings	-1,398	-1,779	-2,623	-2,798	-5,168	-771.74
Net Income	2,083	2,508	3,287	3,159	5,305	901.78
Net Income to Common	2,083	2,508	3,287	3,159	5,305	901.78
Net Income Growth	-38.49%	-23.70%	4.04%	-40.45%	488.27%	-75.72%
Basic Shares Outstanding	2,120	2,088	2,030	1,971	1,913	1,871
Diluted Shares Outstanding	2,120	2,088	2,030	1,971	1,913	1,871
Shares Change (YoY)	3.06%	2.84%	3.03%	3.04%	2.22%	2.15%
EPS (Basic)	0.98	1.20	1.62	1.60	2.77	0.48
EPS (Diluted)	0.98	1.20	1.62	1.60	2.77	0.48
EPS Growth	-40.32%	-25.81%	0.98%	-42.20%	475.50%	-76.24%
Dividend Per Share	0.580	0.580	0.580	0.570	0.550	0.550
Dividend Growth	0%	0%	1.75%	3.64%	0%	0%
Operating Margin	27.21%	28.43%	38.62%	47.89%	51.62%	43.49%
Profit Margin	26.83%	27.73%	26.33%	19.63%	21.24%	14.47%
Free Cash Flow Margin	-	12.74%	-4.59%	40.14%	8.86%	94.56%
EBITDA	2,205	2,665	4,945	7,811	13,005	2,821
EBITDA Margin	28.41%	29.47%	39.62%	48.53%	52.06%	45.28%
D&A For Ebitda	93.11	94	125	103.33	109.86	111.29
EBIT	2,112	2,571	4,820	7,707	12,895	2,709
EBIT Margin	27.21%	28.43%	38.62%	47.89%	51.62%	43.49%
Effective Tax Rate	10.42%	10.82%	12.74%	18.49%	19.47%	23.97%

Source: S&P Capital IQ. Real Estate template. Financial Sources.