Glorious Sun Enterprises Limited (HKG:0393)

Glorious Sun Enterprises 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
Operating Revenue	744.11	715.79	771.52	1,018	942.78	641.58
Other Revenue	125.76	194.39	49.72	42.57	55.06	65.97
Revenue	869.87	910.17	821.24	1,061	997.84	707.55
Revenue Growth (YoY)	-3.02%	10.83%	-22.57%	6.30%	41.03%	-41.63%
Cost of Revenue	625.99	587.71	660.88	898.01	831.59	567.86
Gross Profit	243.89	322.46	160.36	162.68	166.25	139.69
Selling, General & Admin	107.82	109.04	103.01	110.23	101.19	99.28
Other Operating Expenses	7.28	1.97	1.79	13.98	4.98	3.06
Operating Expenses	104	99.9	110.99	125.69	118.57	101.26
Operating Income	139.89	222.56	49.37	36.98	47.68	38.44
Interest Expense	-1.28	-2.31	-2.51	-3.34	-2.49	-2.08
Interest & Investment Income	48.14	48.14	96.65	31.11	21.54	21.57
Currency Exchange Gain (Loss)	0.73	0.73	6.23	-	7.72	30.75
Other Non Operating Income (Expenses)	15.69	24.17	17.62	23.47	23.22	16.02
EBT Excluding Unusual Items	203.17	293.29	167.36	88.23	97.67	104.71
Impairment of Goodwill	-	-	-	-	-	-4.58
Gain (Loss) on Sale of Investments	-106.66	-193.97	-115.62	-44.84	-96.9	2.76
Gain (Loss) on Sale of Assets	-0.07	-0.05	-0.07	-0.09	46.5	-0.02
Asset Writedown	-0.55	-0.55	-	-	-	-4.29
Other Unusual Items	3.06	3.06	0.19	1.27	2.31	4.14
Pretax Income	98.95	101.78	51.85	44.57	49.57	102.72
Income Tax Expense	17.87	28.13	7.56	-0.93	6.41	4.6
Earnings From Continuing Operations	81.08	73.65	44.29	45.49	43.16	98.12
Net Income to Company	81.08	73.65	44.29	45.49	43.16	98.12
Minority Interest in Earnings	-11.99	-12.27	-0.68	-6.27	-6.17	-8.1
Net Income	69.09	61.38	43.61	39.23	37	90.02
Net Income to Common	69.09	61.38	43.61	39.23	37	90.02
Net Income Growth	36.87%	40.75%	11.17%	6.04%	-58.90%	-18.45%
Shares Outstanding (Basic)	1,505	1,512	1,524	1,528	1,539	1,528
Shares Outstanding (Diluted)	1,505	1,512	1,524	1,528	1,539	1,528
Shares Change (YoY)	-0.87%	-0.82%	-0.23%	-0.70%	0.68%	-0.00%
EPS (Basic)	0.05	0.04	0.03	0.03	0.02	0.06
EPS (Diluted)	0.05	0.04	0.03	0.03	0.02	0.06
EPS Growth	38.10%	41.95%	11.40%	6.97%	-59.25%	-18.42%
Free Cash Flow	-	274.02	78.27	18.72	-27.23	184.11
Free Cash Flow Per Share	-	0.18	0.05	0.01	-0.02	0.12
Dividend Per Share	0.098	0.098	0.068	0.060	0.060	0.060
Dividend Growth	11.36%	44.12%	13.33%	-	-	-
Gross Margin	28.04%	35.43%	19.53%	15.34%	16.66%	19.74%
Operating Margin	16.08%	24.45%	6.01%	3.49%	4.78%	5.43%
Profit Margin	7.94%	6.74%	5.31%	3.70%	3.71%	12.72%
Free Cash Flow Margin	-	30.11%	9.53%	1.76%	-2.73%	26.02%
EBITDA	143.23	226.05	52.86	40	50.18	40.29
EBITDA Margin	16.47%	24.84%	6.44%	3.77%	5.03%	5.70%
D&A For EBITDA	3.35	3.49	3.49	3.02	2.5	1.86
EBIT	139.89	222.56	49.37	36.98	47.68	38.44
EBIT Margin	16.08%	24.45%	6.01%	3.49%	4.78%	5.43%
Effective Tax Rate	18.06%	27.63%	14.58%	-	12.94%	4.48%
Revenue as Reported	869.87	910.17	821.24	1,061	997.84	707.55

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