Tern Properties Company Income Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Rental Revenue	48.45	50.4	56.03	51.88	57.13
Other Revenue	3.92	-2.49	3.78	-8.82	-10.17
Total Revenue	52.36	47.91	59.81	43.05	46.96
Revenue Growth (YoY	9.29%	-19.89%	38.92%	-8.32%	-8.11%
Property Expenses	4.26	5.23	4.92	2.26	1.85
Selling, General & Administrative	41.49	34.99	37.22	34.17	33.83
Other Operating Expenses	-6.3	-4.9	-5.81	-4.13	-3.77
Total Operating Expenses	43.29	37.22	38.86	34.04	36.5
Operating Income	9.07	10.69	20.95	9.01	10.46
Interest Expense	-0.95	-1.3	-1.47	-1.15	-2.28
Interest & Investment Income	17.85	19.51	19.72	20.25	29.29
Currency Exchange Gain (Loss)	2.03	-1.34	-2.42	0.52	2.04
EBT Excluding Unusual Items	28	27.56	36.78	28.63	39.5
Gain (Loss) on Sale of Investments	-14.45	14.42	11.86	-19.95	-26.72
Gain (Loss) on Sale of Assets	-	-	0.18	-	-
Asset Writedown	-40.48	-91.14	-54.44	-79.61	-62.83
Other Unusual Items	-	-	-	-	0.01
Pretax Income	-26.94	-49.16	-5.63	-70.92	-50.03
Income Tax Expense	-0.58	5.3	4.17	4.28	5.05
Net Income	-26.36	-54.46	-9.8	-75.2	-55.08
Net Income to Common	-26.36	-54.46	-9.8	-75.2	-55.08
Basic Shares Outstanding	277	277	277	277	277
Diluted Shares Outstanding	277	277	277	277	277
EPS (Basic)	-0.10	-0.20	-0.04	-0.27	-0.20
EPS (Diluted)	-0.10	-0.20	-0.04	-0.27	-0.20
Dividend Per Share	0.017	0.017	0.017	0.017	0.027
Dividend Growth	-	-	-	-37.04%	-25.00%
Operating Margin	17.33%	22.31%	35.03%	20.94%	22.28%
Profit Margin	-50.34%	-113.67%	-16.38%	-174.68%	-117.30%
EBITDA	9.46	11.08	21.42	9.82	11.66
EBITDA Margin	18.07%	23.13%	35.80%	22.81%	24.83%
D&A For Ebitda	0.39	0.39	0.47	0.81	1.2
EBIT	9.07	10.69	20.95	9.01	10.46
EBIT Margin	17.33%	22.31%	35.03%	20.94%	22.28%