HKG:0456 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
Other Revenue	63.44	98.61	172.93	180.19	197.82
Total Revenue	63.44	98.61	172.93	180.19	197.82
Revenue Growth (YoY	-35.66%	-42.98%	-4.03%	-8.91%	322.74%
Property Expenses	56.43	103.44	93.06	169.23	111.72
Selling, General & Administrative	68.01	70.22	83.73	89.36	76.56
Other Operating Expenses	11.99	4.05	1.93	-0.98	-2.93
Total Operating Expenses	157.15	210.76	190.77	260.7	239.93
Operating Income	-93.71	-112.15	-17.85	-80.51	-42.11
Interest Expense	-36.79	-13.91	-23.51	-33.86	-31.68
Interest & Investment Income	-	0.35	13.48	8.63	10.33
Currency Exchange Gain (Loss)	-0.09	-1.73	-1.6	-5.86	3.28
EBT Excluding Unusual Items	-130.58	-127.44	-29.48	-111.61	-60.18
Impairment of Goodwill	-	-	-	-	-0.14
Gain (Loss) on Sale of Investments	6.66	34.59	2.38	-9.03	3.7
Gain (Loss) on Sale of Assets	-	1.29	-	-	-
Asset Writedown	-128.1	-39.62	-173.68	-4.65	-12.78
Other Unusual Items	-9.24	-15.5	-	0.23	-
Pretax Income	-261.26	-146.68	-200.79	-125.06	-69.4
Income Tax Expense	-34.52	-10.16	-59.02	2.73	0.01
Earnings From Continuing Operations	-226.74	-136.52	-141.77	-127.78	-69.41
Minority Interest in Earnings	5.78	8.87	15.82	51.56	4.99
Net Income	-220.96	-127.65	-125.95	-76.23	-64.42
Net Income to Common	-220.96	-127.65	-125.95	-76.23	-64.42
Basic Shares Outstanding	159	117	91	87	87
Diluted Shares Outstanding	159	117	91	87	87
Shares Change (YoY)	35.24%	28.96%	5.05%	-	5.96%
EPS (Basic)	-1.39	-1.09	-1.39	-0.88	-0.74
EPS (Diluted)	-1.39	-1.09	-1.39	-0.88	-0.74
Operating Margin	-147.71%	-113.73%	-10.32%	-44.68%	-21.29%
Profit Margin	-348.28%	-129.45%	-72.83%	-42.30%	-32.56%
EBITDA	-79.09	-97.53	-4.6	-68.6	-32.54
EBITDA Margin	-124.67%	-98.91%	-2.66%	-38.07%	-16.45%
D&A For Ebitda	14.62	14.62	13.24	11.91	9.57
EBIT	-93.71	-112.15	-17.85	-80.51	-42.11
EBIT Margin	-147.71%	-113.73%	-10.32%	-44.68%	-21.29%

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