HKG:0529 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	9,628	9,007	9,068	9,228	10,999
Revenue Growth (YoY)	6.90%	-0.68%	-1.73%	-16.11%	45.18%
Cost of Revenue	8,792	8,260	8,399	8,609	10,316
Gross Profit	835.4	746.92	668.59	618.42	682.81
Selling, General & Admin	511.38	496.97	422.84	344.44	378.44
Operating Expenses	508.31	465.85	434.58	367.84	398.32
Operating Income	327.09	281.06	234.01	250.58	284.49
Interest Expense	-70.71	-75.44	-78.97	-56.96	-52.28
Interest & Investment Income	-	37.7	29.01	9.34	5.21
Earnings From Equity Investments	10.69	10.61	9.7	5.72	7.75
Currency Exchange Gain (Loss)	-13.86	-16.33	-16.14	-14.61	3.95
Other Non Operating Income (Expenses)	73.77	8.55	22.78	5.35	22.78
EBT Excluding Unusual Items	326.98	246.16	200.39	199.42	271.9
Gain (Loss) on Sale of Investments	4.02	94.65	126.52	-46.45	11.49
Gain (Loss) on Sale of Assets	0.31	0.4	0.05	0.03	0.08
Asset Writedown	-85.84	-64.11	-87.68	21.23	-21.64
Other Unusual Items	-	-	0.04	4.65	12.48
Pretax Income	245.47	277.1	239.32	178.88	274.31
Income Tax Expense	82.54	63.74	78.91	68.03	62.98
Earnings From Continuing Operations	162.93	213.36	160.41	110.86	211.32
Minority Interest in Earnings	-102.43	-77.16	-71.69	-66.4	-96.22
Net Income	60.5	136.21	88.72	44.46	115.11
Net Income to Common	60.5	136.21	88.72	44.46	115.11
Net Income Growth	-55.58%	53.52%	99.55%	-61.38%	-
Shares Outstanding (Basic)	278	278	278	278	278
Shares Outstanding (Diluted)	278	278	278	278	278
EPS (Basic)	0.22	0.49	0.32	0.16	0.41
EPS (Diluted)	0.22	0.49	0.32	0.16	0.41
EPS Growth	-55.58%	53.61%	99.44%	-61.37%	-
Free Cash Flow	-	340.9	435.94	289.95	-534.52
Free Cash Flow Per Share	-	1.23	1.57	1.04	-1.92
Dividend Per Share	0.025	0.020	0.020	0.020	0.020
Dividend Growth	25.00%	-	-	-	-
Gross Margin	8.68%	8.29%	7.37%	6.70%	6.21%
Operating Margin	3.40%	3.12%	2.58%	2.72%	2.59%
Profit Margin	0.63%	1.51%	0.98%	0.48%	1.05%
Free Cash Flow Margin	-	3.79%	4.81%	3.14%	-4.86%
EBITDA	361.2	315.17	269.17	281.4	316.83
EBITDA Margin	3.75%	3.50%	2.97%	3.05%	2.88%
D&A For EBITDA	34.11	34.11	35.16	30.82	32.34
EBIT	327.09	281.06	234.01	250.58	284.49
EBIT Margin	3.40%	3.12%	2.58%	2.72%	2.59%
Effective Tax Rate	33.63%	23.00%	32.97%	38.03%	22.96%

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