Sino ICT 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
Revenue	337.5	247.04	211.8	231.14	322.98
Revenue Growth (YoY)	36.62%	16.64%	-8.37%	-28.43%	19.38%
Cost of Revenue	205.8	185.66	149.87	135.91	180.72
Gross Profit	131.71	61.39	61.93	95.23	142.26
Selling, General & Admin	125.54	130.36	132.24	133.33	127.45
Other Operating Expenses	-30.81	-35.55	-22.89	-20.09	-23.63
Operating Expenses	94.71	94.84	109.02	113.23	103.12
Operating Income	37	-33.46	-47.1	-18.01	39.14
Interest Expense	-22.42	-27.4	-24.36	-7.02	-10.65
Interest & Investment Income	0.82	1.47	2.51	2.47	2.28
Earnings From Equity Investments	-0.25	-5.06	-2.83	0.94	2.87
Currency Exchange Gain (Loss)	1.65	-1.36	-2.22	-4.17	4.97
EBT Excluding Unusual Items	16.79	-65.8	-74	-25.78	38.62
Gain (Loss) on Sale of Investments	13.06	8.46	-2.45	0.53	8.76
Gain (Loss) on Sale of Assets	-0.1	-0.12	-0.21	0.03	-0
Asset Writedown	-7.07	-3.62	5.91	0.56	-0.96
Other Unusual Items	-	0.01	0	0.09	-
Pretax Income	22.69	-61.06	-70.75	-24.56	46.42
Income Tax Expense	4.55	0.19	0.23	-0.55	8.13
Earnings From Continuing Operations	18.14	-61.25	-70.98	-24.01	38.28
Net Income to Company	18.14	-61.25	-70.98	-24.01	38.28
Minority Interest in Earnings	1.06	31.53	33.2	5.7	-
Net Income	19.2	-29.72	-37.79	-18.31	38.28
Net Income to Common	19.2	-29.72	-37.79	-18.31	38.28
Net Income Growth	-	-	-	-	94.82%
Shares Outstanding (Basic)	1,455	1,455	1,455	1,455	1,455
Shares Outstanding (Diluted)	1,455	1,455	1,455	1,455	1,455
EPS (Basic)	0.01	-0.02	-0.03	-0.01	0.03
EPS (Diluted)	0.01	-0.02	-0.03	-0.01	0.03
EPS Growth	-	-	-	-	94.82%
Free Cash Flow	-	-1.51	-31.6	-362.96	110.16
Free Cash Flow Per Share	-	-0.00	-0.02	-0.25	0.08
Gross Margin	39.02%	24.85%	29.24%	41.20%	44.05%
Operating Margin	10.96%	-13.54%	-22.24%	-7.79%	12.12%
Profit Margin	5.69%	-12.03%	-17.84%	-7.92%	11.85%
Free Cash Flow Margin	-	-0.61%	-14.92%	-157.03%	34.11%
EBITDA	78.73	8.28	-3.52	-10.2	42.91
EBITDA Margin	23.33%	3.35%	-1.66%	-4.41%	13.28%
D&A For EBITDA	41.74	41.74	43.58	7.8	3.77
EBIT	37	-33.46	-47.1	-18.01	39.14
EBIT Margin	10.96%	-13.54%	-22.24%	-7.79%	12.12%
Effective Tax Rate	20.05%	-	-	-	17.52%

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