S E A Holdings 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
Rental Revenue	216.94	206.05	193.9	193.71	227.56
Other Revenue	182.47	216.04	280.92	133.35	117.02
Total Revenue	435.47	458.78	501.96	378.12	528.51
Revenue Growth (YoY	-5.08%	-8.60%	32.75%	-28.46%	-12.74%
Property Expenses	4.89	4.53	3.74	3.89	4.87
Depreciation & Amortization	42.61	46.31	43.46	41.93	42.33
Other Operating Expenses	185.24	192.68	197.54	169.41	164.47
Total Operating Expenses	232.74	243.51	244.74	215.22	211.67
Operating Income	202.74	215.26	257.22	162.9	316.84
Interest Expense	-282.18	-355.06	-368.11	-249.72	-191.92
Currency Exchange Gain (Loss)	-8.83	2.38	-0.2	1.04	15.56
Other Non-Operating Income	-9.34	-10.08	-10.46	-11.17	-10.41
EBT Excluding Unusual Items	-97.6	-147.5	-121.55	-96.95	130.07
Gain (Loss) on Sale of Investments	15.06	24.61	-337.42	-162.07	-659.4
Gain (Loss) on Sale of Assets	-	-	3.23	-	-
Asset Writedown	-104.12	-14.5	-451.49	-234.95	655.53
Other Unusual Items	-	-0.3	57.1	103.46	3.18
Pretax Income	-186.66	-137.68	-850.14	-390.51	129.38
Income Tax Expense	0.04	-0.95	3.61	-6.85	59.21
Earnings From Continuing Operations	-186.7	-136.73	-853.75	-383.66	70.16
Net Income to Company	-186.7	-136.73	-853.75	-383.66	70.16
Net Income	-186.7	-136.73	-853.75	-383.66	70.16
Net Income to Common	-186.7	-136.73	-853.75	-383.66	70.16
Net Income Growth	-	-	-	-	-53.52%
Basic Shares Outstanding	602	602	602	602	619
Diluted Shares Outstanding	602	602	602	602	619
Shares Change (YoY)	-	-	-	-2.77%	-5.80%
EPS (Basic)	-0.31	-0.23	-1.42	-0.64	0.11
EPS (Diluted)	-0.31	-0.23	-1.42	-0.64	0.11
EPS Growth	-	-	-	-	-50.67%
Dividend Per Share	0.050	0.050	0.050	0.050	0.050
Operating Margin	46.56%	46.92%	51.24%	43.08%	59.95%
Profit Margin	-42.87%	-29.80%	-170.08%	-101.46%	13.28%
EBITDA	245.35	251.78	290.9	194.57	348.76
EBITDA Margin	56.34%	54.88%	57.95%	51.46%	65.99%
D&A For Ebitda	42.61	36.52	33.68	31.67	31.92
EBIT	202.74	215.26	257.22	162.9	316.84
EBIT Margin	46.56%	46.92%	51.24%	43.08%	59.95%
Effective Tax Rate	-	-	-	-	45.77%

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