Asiasec Properties Limited (HKG:0271)

Asiasec Properties Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	50.34	47.29	46.88	38.38	38.17
Other Revenue	1.36	1.64	1.44	0.86	-0.76
Total Revenue	51.7	48.93	48.32	39.24	37.4
Revenue Growth (YoY	5.67%	1.26%	23.13%	4.92%	-
Property Expenses	22.87	12.65	13.49	14.21	9.14
Depreciation & Amortization	0.06	0.08	0.14	0.2	0.17
Other Operating Expenses	23.7	19.93	21.54	23.47	27.89
Total Operating Expenses	47.02	32.66	35.17	37.88	37.2
Operating Income	4.68	16.27	13.15	1.37	0.2
Interest Expense	-23.55	-34.1	-18.21	-	-
Interest & Investment Income	1.75	8.07	11.58	11.18	17.57
Currency Exchange Gain (Loss)	-	-0.86	-1.03	-0.55	0.97
Other Non-Operating Income	0.41	1.19	0.34	0.15	0.08
EBT Excluding Unusual Items	-16.7	-9.44	5.84	12.14	18.82
Gain (Loss) on Sale of Investments	0.43	0.81	-4.33	-8.33	-15.27
Gain (Loss) on Sale of Assets	-	-	6.7	-	-1,468
Asset Writedown	-206.7	-67.86	259.45	-27.46	-25.94
Other Unusual Items	-	0.61	1.45	-20.64	-74.39
Pretax Income	-222.98	-75.88	269.11	-44.29	-1,565
Income Tax Expense	-8.8	-1.13	4.11	-0.59	-1.68
Net Income	-214.18	-74.75	265	-43.7	-1,563
Net Income to Common	-214.18	-74.75	265	-43.7	-1,563
Basic Shares Outstanding	1,241	1,241	1,241	1,241	1,241
Diluted Shares Outstanding	1,241	1,241	1,241	1,241	1,241
Shares Change (YoY)	-	-	-	-	-0.01%
EPS (Basic)	-0.17	-0.06	0.21	-0.04	-1.26
EPS (Diluted)	-0.17	-0.06	0.21	-0.04	-1.26
Operating Margin	9.05%	33.25%	27.22%	3.48%	0.54%
Profit Margin	-414.25%	-152.79%	548.44%	-111.36%	-4178.95%
EBITDA	4.76	16.35	13.29	1.56	0.37
EBITDA Margin	9.21%	33.41%	27.51%	3.98%	1.00%
D&A For Ebitda	0.08	0.08	0.14	0.2	0.17
EBIT	4.68	16.27	13.15	1.37	0.2
EBIT Margin	9.05%	33.25%	27.22%	3.48%	0.54%
Effective Tax Rate	-	-	1.53%	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.