HKG:0536 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
Operating Revenue	252.73	247.63	266.61	258.82	273.83
Revenue	252.73	247.63	266.61	258.82	273.83
Revenue Growth (YoY)	2.06%	-7.12%	3.01%	-5.48%	0.80%
Cost of Revenue	138.36	140.56	153.99	142.55	150.52
Gross Profit	114.37	107.07	112.62	116.26	123.31
Selling, General & Admin	1.84	1.74	2.73	3.31	1.01
Other Operating Expenses	28.38	28.63	22.78	24.38	22.83
Operating Expenses	38.73	39.72	34.44	36.17	32.32
Operating Income	75.64	67.35	78.19	80.09	90.99
Interest & Investment Income	17.61	22.58	20.41	6.47	4.78
Earnings From Equity Investments	0.56	0.53	0.71	-0.59	-1.9
Currency Exchange Gain (Loss)	0.57	-1.85	-0.34	0.17	2.34
Other Non Operating Income (Expenses)	-	0.67	0.57	-	-
EBT Excluding Unusual Items	94.38	89.29	99.53	86.15	96.2
Gain (Loss) on Sale of Investments	-	-	4.72	-32.59	-9.99
Gain (Loss) on Sale of Assets	-	-	6.81	-	-
Other Unusual Items	-	-	-	5.53	-
Pretax Income	94.38	89.29	111.05	59.08	86.22
Income Tax Expense	10.36	7.33	10.41	6.75	12.57
Net Income	84.03	81.96	100.64	52.33	73.65
Net Income to Common	84.03	81.96	100.64	52.33	73.65
Net Income Growth	2.52%	-18.56%	92.31%	-28.95%	1.17%
Shares Outstanding (Basic)	795	795	795	795	795
Shares Outstanding (Diluted)	795	795	795	795	795
Shares Change (YoY)	0.01%	-	-	-0.04%	0.04%
EPS (Basic)	0.11	0.10	0.13	0.07	0.09
EPS (Diluted)	0.11	0.10	0.13	0.07	0.09
EPS Growth	2.66%	-18.67%	92.31%	-28.95%	1.17%
Free Cash Flow	65.93	68.77	72.09	57.4	92.79
Free Cash Flow Per Share	0.08	0.09	0.09	0.07	0.12
Dividend Per Share	0.102	0.101	0.100	0.065	0.092
Dividend Growth	0.99%	1.00%	53.85%	-29.73%	0.54%
Gross Margin	45.25%	43.24%	42.24%	44.92%	45.03%
Operating Margin	29.93%	27.20%	29.33%	30.95%	33.23%
Profit Margin	33.25%	33.10%	37.75%	20.22%	26.90%
Free Cash Flow Margin	26.09%	27.77%	27.04%	22.18%	33.89%
EBITDA	82.5	73.75	84.15	85.59	96.45
EBITDA Margin	32.64%	29.78%	31.56%	33.07%	35.22%
D&A For EBITDA	6.86	6.4	5.96	5.5	5.46
EBIT	75.64	67.35	78.19	80.09	90.99
EBIT Margin	29.93%	27.20%	29.33%	30.95%	33.23%
Effective Tax Rate	10.97%	8.21%	9.38%	11.42%	14.57%

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