HKG:0456 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	-28.15	-	-	-	-	-
Other Revenue	98.61	98.61	172.93	180.19	197.82	46.79
Total Revenue	70.46	98.61	172.93	180.19	197.82	46.79
Revenue Growth (YoY	-49.28%	-42.98%	-4.03%	-8.91%	322.74%	-3.51%
Property Expenses	83.84	103.44	93.06	169.23	111.72	2.96
Selling, General & Administrative	54.83	70.22	83.73	89.36	76.56	39.16
Other Operating Expenses	8.68	4.05	1.93	-0.98	-2.93	-
Total Operating Expenses	180.38	210.76	190.77	260.7	239.93	63.75
Operating Income	-109.92	-112.15	-17.85	-80.51	-42.11	-16.95
Interest Expense	-10.81	-13.91	-23.51	-33.86	-31.68	-30.31
Interest & Investment Income	0.76	0.35	13.48	8.63	10.33	11.08
Currency Exchange Gain (Loss)	4.93	-1.73	-1.6	-5.86	3.28	3.2
EBT Excluding Unusual Items	-115.03	-127.44	-29.48	-111.61	-60.18	-32.98
Impairment of Goodwill	-	-	-	-	-0.14	-
Gain (Loss) on Sale of Investments	18.64	34.59	2.38	-9.03	3.7	-0.8
Gain (Loss) on Sale of Assets	1.29	1.29	-	-	-	-
Asset Writedown	-39.62	-39.62	-173.68	-4.65	-12.78	-
Other Unusual Items	-15.5	-15.5	-	0.23	-	-
Pretax Income	-150.21	-146.68	-200.79	-125.06	-69.4	-33.78
Income Tax Expense	-10.16	-10.16	-59.02	2.73	0.01	0.01
Earnings From Continuing Operations	-140.05	-136.52	-141.77	-127.78	-69.41	-33.79
Minority Interest in Earnings	17.72	8.87	15.82	51.56	4.99	5.84
Net Income	-122.33	-127.65	-125.95	-76.23	-64.42	-27.95
Net Income to Common	-122.33	-127.65	-125.95	-76.23	-64.42	-27.95
Basic Shares Outstanding	128	117	91	87	87	82
Diluted Shares Outstanding	128	117	91	87	87	82
Shares Change (YoY)	20.21%	28.96%	5.05%	-	5.96%	14.05%
EPS (Basic)	-0.96	-1.09	-1.39	-0.88	-0.74	-0.34
EPS (Diluted)	-0.96	-1.09	-1.39	-0.88	-0.74	-0.34
Operating Margin	-156.01%	-113.73%	-10.32%	-44.68%	-21.29%	-36.23%
Profit Margin	-173.62%	-129.45%	-72.83%	-42.30%	-32.56%	-59.73%
EBITDA	-95.02	-97.53	-4.6	-68.6	-32.54	-7.84
EBITDA Margin	-134.86%	-98.91%	-2.66%	-38.07%	-16.45%	-16.75%
D&A For Ebitda	14.9	14.62	13.24	11.91	9.57	9.11
EBIT	-109.92	-112.15	-17.85	-80.51	-42.11	-16.95
EBIT Margin	-156.01%	-113.73%	-10.32%	-44.68%	-21.29%	-36.23%

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