HKG:0388 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Operating Revenue	23,109	21,838	15,622	13,863	15,428	17,907
Other Revenue	7,093	7,018	6,651	6,529	2,845	2,846
Revenue	30,202	28,856	22,273	20,392	18,273	20,753
Revenue Growth (YoY)	26.34%	29.56%	9.22%	11.60%	-11.95%	8.93%
Cost of Revenue	1,045	1,029	950	877	794	777
Gross Profit	29,157	27,827	21,323	19,515	17,479	19,976
Selling, General & Admin	4,527	4,468	4,349	4,122	3,852	3,338
Other Operating Expenses	400	470	367	338	313	309
Operating Expenses	6,518	6,506	6,118	5,903	5,624	5,001
Operating Income	22,639	21,321	15,205	13,612	11,855	14,975
Interest Expense	-43	-46	-63	-82	-87	-100
Earnings From Equity Investments	27	26	88	82	71	80
Other Non Operating Income (Expenses)	-239	-236	-383	-301	-218	-148
EBT Excluding Unusual Items	22,384	21,065	14,847	13,311	11,621	14,807
Gain (Loss) on Sale of Assets	-1	-1	-9	2	17	22
Other Unusual Items	94	94	15	19	21	12
Pretax Income	22,477	21,158	14,853	13,332	11,659	14,841
Income Tax Expense	3,530	3,321	1,698	1,351	1,564	2,343
Earnings From Continuing Operations	18,947	17,837	13,155	11,981	10,095	12,498
Minority Interest in Earnings	-82	-83	-105	-119	-17	37
Net Income	18,865	17,754	13,050	11,862	10,078	12,535
Net Income to Common	18,865	17,754	13,050	11,862	10,078	12,535
Net Income Growth	33.26%	36.05%	10.02%	17.70%	-19.60%	8.95%
Shares Outstanding (Basic)	1,265	1,264	1,264	1,265	1,265	1,265
Shares Outstanding (Diluted)	1,268	1,268	1,268	1,268	1,268	1,268
Shares Change (YoY)	0.10%	-0.01%	-0.01%	0.01%	0.01%	0.14%
EPS (Basic)	14.92	14.05	10.32	9.37	7.96	9.91
EPS (Diluted)	14.88	14.01	10.29	9.36	7.95	9.89
EPS Growth	33.21%	36.15%	9.94%	17.74%	-19.62%	8.80%
Free Cash Flow	-	20,746	11,170	10,114	13,672	11,270
Free Cash Flow Per Share	-	16.37	8.81	7.98	10.79	8.89
Dividend Per Share	-	12.520	9.260	8.410	7.140	8.870
Dividend Growth	-	35.20%	10.11%	17.79%	-19.50%	8.57%
Gross Margin	96.54%	96.43%	95.73%	95.70%	95.66%	96.26%
Operating Margin	74.96%	73.89%	68.27%	66.75%	64.88%	72.16%
Profit Margin	62.46%	61.53%	58.59%	58.17%	55.15%	60.40%
Free Cash Flow Margin	-	71.89%	50.15%	49.60%	74.82%	54.31%
EBITDA	23,109	21,781	15,626	14,079	12,293	15,382
EBITDA Margin	76.51%	75.48%	70.16%	69.04%	67.27%	74.12%
D&A For EBITDA	469.75	460	421	467	438	407
EBIT	22,639	21,321	15,205	13,612	11,855	14,975
EBIT Margin	74.96%	73.89%	68.27%	66.75%	64.88%	72.16%
Effective Tax Rate	15.71%	15.70%	11.43%	10.13%	13.41%	15.79%
Revenue as Reported	30,507	29,161	22,374	20,516	18,456	20,950

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