HKG:0434 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	467.67	486.2	434.7	424.24	449.46
Revenue Growth (YoY)	-3.81%	11.85%	2.47%	-5.61%	7.68%
Cost of Revenue	139.27	132.75	135.84	146.31	148.77
Gross Profit	328.4	353.45	298.86	277.93	300.69
Selling, General & Admin	213.7	154.44	162.09	151.53	153.86
Other Operating Expenses	415.84	-919.79	-1.31	7.17	-2.11
Operating Expenses	629.54	-765.35	160.78	158.7	151.75
Operating Income	-301.14	1,119	138.08	119.23	148.93
Interest Expense	-0.72	-1.15	-0.76	-0.74	-0.29
Interest & Investment Income	14.57	47.42	64.96	43.8	24.23
Earnings From Equity Investments	-0.06	0.34	-1.76	-0.71	-6.79
Currency Exchange Gain (Loss)	-4.62	-2.63	0.9	-7.27	-1.73
Other Non Operating Income (Expenses)	-0.51	-	-	-	-
EBT Excluding Unusual Items	-292.48	1,163	201.41	154.31	164.35
Gain (Loss) on Sale of Investments	-15.17	-51	-61.53	-65.52	-126.07
Gain (Loss) on Sale of Assets	27.4	-2.28	-0.03	7.52	-0.3
Asset Writedown	-	-	-	-	-15.14
Other Unusual Items	-	0.98	-	-	-
Pretax Income	-280.25	1,110	139.86	96.32	22.84
Income Tax Expense	-41.62	169.99	10.76	23.74	28.2
Earnings From Continuing Operations	-238.63	940.49	129.09	72.58	-5.36
Net Income	-238.63	940.49	129.09	72.58	-5.36
Net Income to Common	-238.63	940.49	129.09	72.58	-5.36
Net Income Growth	-	628.54%	77.87%	-	-
Shares Outstanding (Basic)	691	664	661	657	657
Shares Outstanding (Diluted)	691	671	673	663	657
Shares Change (YoY)	2.99%	-0.24%	1.43%	0.92%	-0.54%
EPS (Basic)	-0.35	1.42	0.20	0.11	-0.01
EPS (Diluted)	-0.35	1.40	0.19	0.11	-0.01
EPS Growth	-	630.24%	75.37%	-	-
Free Cash Flow	62.31	163.67	92.67	141.17	148.47
Free Cash Flow Per Share	0.09	0.24	0.14	0.21	0.23
Dividend Per Share	0.037	0.106	0.037	-	-
Dividend Growth	-65.60%	185.74%	-	-	-
Gross Margin	70.22%	72.70%	68.75%	65.51%	66.90%
Operating Margin	-64.39%	230.11%	31.76%	28.10%	33.14%
Profit Margin	-51.02%	193.44%	29.70%	17.11%	-1.19%
Free Cash Flow Margin	13.32%	33.66%	21.32%	33.28%	33.03%
EBITDA	-289	1,121	145.81	131	164.98
EBITDA Margin	-61.80%	230.57%	33.54%	30.88%	36.71%
D&A For EBITDA	12.13	2.22	7.74	11.77	16.05
EBIT	-301.14	1,119	138.08	119.23	148.93
EBIT Margin	-64.39%	230.11%	31.76%	28.10%	33.14%
Effective Tax Rate	-	15.31%	7.70%	24.64%	123.47%

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