Asiasec Properties Limited (HKG:0271)

Asiasec Properties Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	46.44	47.29	46.88	38.38	38.17	51.25
Other Revenue	1.42	1.64	1.44	0.86	-0.76	-69.03
Total Revenue	47.86	48.93	48.32	39.24	37.4	-17.78
Revenue Growth (YoY	-4.00%	1.26%	23.13%	4.92%	-	-
Property Expenses	16.52	12.65	13.49	14.21	9.14	9.26
Depreciation & Amortization	0.07	0.08	0.14	0.2	0.17	0.1
Other Operating Expenses	19.77	19.93	21.54	23.47	27.89	22.67
Total Operating Expenses	36.85	32.66	35.17	37.88	37.2	32.03
Operating Income	11.02	16.27	13.15	1.37	0.2	-49.81
Interest Expense	-29.8	-34.1	-18.21	-	-	-
Interest & Investment Income	4.69	8.07	11.58	11.18	17.57	26.25
Currency Exchange Gain (Loss)	-0.17	-0.86	-1.03	-0.55	0.97	0.43
Other Non-Operating Income	0.9	1.19	0.34	0.15	0.08	4.94
EBT Excluding Unusual Items	-13.37	-9.44	5.84	12.14	18.82	-18.19
Gain (Loss) on Sale of Investments	3.15	0.81	-4.33	-8.33	-15.27	0.41
Gain (Loss) on Sale of Assets	-	-	6.7	-	-1,468	-
Asset Writedown	-115.12	-67.86	259.45	-27.46	-25.94	-32.64
Other Unusual Items	0.61	0.61	1.45	-20.64	-74.39	-3.38
Pretax Income	-124.74	-75.88	269.11	-44.29	-1,565	-53.79
Income Tax Expense	-3.76	-1.13	4.11	-0.59	-1.68	2.86
Net Income	-120.98	-74.75	265	-43.7	-1,563	-56.65
Net Income to Common	-120.98	-74.75	265	-43.7	-1,563	-56.65
Basic Shares Outstanding	1,241	1,241	1,241	1,241	1,241	1,241
Diluted Shares Outstanding	1,241	1,241	1,241	1,241	1,241	1,241
Shares Change (YoY)	-	-	-	-	-0.01%	-0.02%
EPS (Basic)	-0.10	-0.06	0.21	-0.04	-1.26	-0.05
EPS (Diluted)	-0.10	-0.06	0.21	-0.04	-1.26	-0.05
Operating Margin	23.02%	33.25%	27.22%	3.48%	0.54%	-
Profit Margin	-252.75%	-152.79%	548.44%	-111.36%	-4178.95%	-
EBITDA	11.08	16.35	13.29	1.56	0.37	-49.71
EBITDA Margin	23.16%	33.41%	27.51%	3.98%	1.00%	-
D&A For Ebitda	0.07	0.08	0.14	0.2	0.17	0.1
EBIT	11.02	16.27	13.15	1.37	0.2	-49.81
EBIT Margin	23.02%	33.25%	27.22%	3.48%	0.54%	-
Effective Tax Rate	-	-	1.53%	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.