HKG:0435 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 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Rental Revenue	778.07	824.22	830.26	783.27	802.93
Total Revenue	778.07	824.22	830.26	783.27	802.93
Revenue Growth (YoY	-5.60%	-0.73%	6.00%	-2.45%	0.46%
Property Expenses	173.98	182.04	178.59	155.87	157.1
Selling, General & Administrative	104.03	108.71	112.14	109.4	110.14
Other Operating Expenses	-0.4	-0.03	-0.02	-	-1.03
Total Operating Expenses	277.61	290.72	290.71	265.27	266.21
Operating Income	500.46	533.5	539.55	518	536.72
Interest Expense	-174.88	-212.75	-217.96	-128.21	-93
Interest & Investment Income	14.45	22.54	23.48	20.82	7.15
Other Non-Operating Income	-5.6	-5.11	-5.05	-4.08	-5.4
EBT Excluding Unusual Items	334.43	338.17	340.02	406.53	445.47
Gain (Loss) on Sale of Investments	-	-4.22	-6.33	-13.33	-2.88
Gain (Loss) on Sale of Assets	-	3.18	-	-	-
Asset Writedown	-552.53	-395.26	-117.22	-354.42	-263.89
Other Unusual Items	-	-	-	-	0.4
Pretax Income	-218.1	-58.13	216.47	38.78	179.11
Income Tax Expense	57.35	57.21	57.24	67.21	76.16
Net Income	-275.45	-115.34	159.24	-28.43	102.94
Net Income to Common	-275.45	-115.34	159.24	-28.43	102.94
Basic Shares Outstanding	1,737	1,708	1,702	1,687	1,676
Diluted Shares Outstanding	1,737	1,708	1,702	1,687	1,676
Shares Change (YoY)	1.69%	0.32%	0.89%	0.66%	0.61%
EPS (Basic)	-0.16	-0.07	0.09	-0.02	0.06
EPS (Diluted)	-0.16	-0.07	0.09	-0.02	0.06
Dividend Per Share	0.182	0.183	0.181	0.220	0.250
Dividend Growth	-0.36%	0.92%	-17.73%	-12.00%	-2.34%
Operating Margin	64.32%	64.73%	64.98%	66.13%	66.84%
Profit Margin	-35.40%	-13.99%	19.18%	-3.63%	12.82%
EBITDA	500.51	534.21	540.25	518.18	536.74
EBITDA Margin	64.33%	64.81%	65.07%	66.16%	66.85%
D&A For Ebitda	0.05	0.71	0.7	0.17	0.03
EBIT	500.46	533.5	539.55	518	536.72
EBIT Margin	64.32%	64.73%	64.98%	66.13%	66.84%
Effective Tax Rate	-	-	26.44%	173.32%	42.52%

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