Hanfort Development Holdings Limited (HKG:0361)

HKG:0361 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
Revenue	190.12	262.77	216.56	479.42	418.48
Revenue Growth (YoY)	-27.65%	21.34%	-54.83%	14.56%	89.31%
Cost of Revenue	141.15	194.18	168.38	394.02	358.45
Gross Profit	48.97	68.59	48.18	85.41	60.04
Selling, General & Admin	67.2	63.75	59.71	63.01	59.21
Other Operating Expenses	-1.67	-1.24	-1.25	-3.79	-2.44
Operating Expenses	65.54	62.51	58.46	59.21	56.76
Operating Income	-16.57	6.09	-10.28	26.2	3.27
Interest Expense	-8.7	-8.45	-10.51	-13.69	-12.62
Interest & Investment Income	1.12	2.3	1.52	0.29	0.06
Currency Exchange Gain (Loss)	0.15	-	1.44	-	-
EBT Excluding Unusual Items	-24	-0.06	-17.82	12.79	-9.3
Gain (Loss) on Sale of Assets	0.01	0.01	0.46	0.15	0.06
Asset Writedown	-0.07	-	-0.05	-18.53	-14.33
Pretax Income	-24.05	-0.06	-17.42	-5.59	-23.57
Income Tax Expense	0.53	2.31	1.12	10.36	0.11
Net Income	-24.58	-2.36	-18.54	-15.95	-23.67
Net Income to Common	-24.58	-2.36	-18.54	-15.95	-23.67
Shares Outstanding (Basic)	5,281	5,201	5,201	5,201	5,201
Shares Outstanding (Diluted)	5,281	5,201	5,201	5,201	5,201
Shares Change (YoY)	1.54%	-	-	-	-
EPS (Basic)	-0.00	-0.00	-0.00	-0.00	-0.00
EPS (Diluted)	-0.00	-0.00	-0.00	-0.00	-0.00
Free Cash Flow	-	4.52	40.27	27.99	37.9
Free Cash Flow Per Share	-	0.00	0.01	0.01	0.01
Gross Margin	25.76%	26.10%	22.25%	17.82%	14.35%
Operating Margin	-8.72%	2.32%	-4.75%	5.46%	0.78%
Profit Margin	-12.93%	-0.90%	-8.56%	-3.33%	-5.66%
Free Cash Flow Margin	-	1.72%	18.60%	5.84%	9.06%
EBITDA	-11.1	11.56	-4.75	32.25	9.5
EBITDA Margin	-5.84%	4.40%	-2.19%	6.73%	2.27%
D&A For EBITDA	5.47	5.47	5.53	6.05	6.23
EBIT	-16.57	6.09	-10.28	26.2	3.27
EBIT Margin	-8.72%	2.32%	-4.75%	5.46%	0.78%

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