HKG:0517 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	3,706	3,627	3,342	3,963	4,534
Revenue Growth (YoY)	2.17%	8.54%	-15.67%	-12.60%	31.68%
Cost of Revenue	2,811	2,791	2,682	3,303	3,761
Gross Profit	894.84	835.78	660.1	659.07	772.64
Selling, General & Admin	750.16	732.86	594.37	482.7	604.93
Amortization of Goodwill & Intangibles	-	-	-	1.74	-
Other Operating Expenses	-112.1	-128.59	-68.99	-51.64	-82.9
Operating Expenses	638.06	604.28	525.38	445.71	522.04
Operating Income	256.78	231.5	134.72	213.36	250.6
Interest Expense	-0.58	-0.73	-0.47	-0.59	-3.22
Interest & Investment Income	224.75	281.25	269.26	102.13	50.61
Earnings From Equity Investments	368.12	319.78	252.01	126.18	22.82
Currency Exchange Gain (Loss)	12.68	-42.12	13.99	-7.22	24.97
Other Non Operating Income (Expenses)	-1.05	-1.49	-1.36	-1.42	-3.96
EBT Excluding Unusual Items	860.7	788.2	668.14	432.43	341.84
Gain (Loss) on Sale of Investments	-	-	-	-8.9	-
Gain (Loss) on Sale of Assets	15.83	3.04	-0.02	-0.23	0.03
Asset Writedown	-3.23	-7.36	-5.36	-2.18	-0.69
Other Unusual Items	-	-	-	4.23	-
Pretax Income	873.3	783.88	662.76	425.36	341.17
Income Tax Expense	82.16	67.61	54.16	58.46	37.57
Earnings From Continuing Operations	791.14	716.28	608.61	366.9	303.61
Minority Interest in Earnings	-20.07	-7.07	-14.93	-19.84	-15.27
Net Income	771.06	709.21	593.67	347.06	288.34
Net Income to Common	771.06	709.21	593.67	347.06	288.34
Net Income Growth	8.72%	19.46%	71.06%	20.36%	-14.82%
Shares Outstanding (Basic)	1,466	1,466	1,472	1,526	1,533
Shares Outstanding (Diluted)	1,466	1,466	1,472	1,526	1,533
Shares Change (YoY)	-	-0.42%	-3.54%	-0.45%	-
EPS (Basic)	0.53	0.48	0.40	0.23	0.19
EPS (Diluted)	0.53	0.48	0.40	0.23	0.19
EPS Growth	8.72%	19.97%	77.33%	20.91%	-14.82%
Free Cash Flow	-	55.52	515.53	57.03	39.43
Free Cash Flow Per Share	-	0.04	0.35	0.04	0.03
Dividend Per Share	0.520	0.480	0.400	0.225	0.190
Dividend Growth	8.33%	20.00%	77.78%	18.42%	-13.64%
Gross Margin	24.15%	23.04%	19.75%	16.63%	17.04%
Operating Margin	6.93%	6.38%	4.03%	5.38%	5.53%
Profit Margin	20.81%	19.55%	17.77%	8.76%	6.36%
Free Cash Flow Margin	-	1.53%	15.43%	1.44%	0.87%
EBITDA	284.02	258.75	150.62	231.94	292.62
EBITDA Margin	7.66%	7.13%	4.51%	5.85%	6.46%
D&A For EBITDA	27.24	27.24	15.9	18.58	42.02
EBIT	256.78	231.5	134.72	213.36	250.6
EBIT Margin	6.93%	6.38%	4.03%	5.38%	5.53%
Effective Tax Rate	9.41%	8.62%	8.17%	13.74%	11.01%

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