HKG:0542 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	762.34	216.16	305.02	1,602	7.77
Revenue Growth (YoY)	252.67%	-29.13%	-80.96%	20504.57%	-65.23%
Cost of Revenue	892.28	123.68	187.26	925.53	3.6
Gross Profit	-129.95	92.48	117.77	676.27	4.18
Selling, General & Admin	36.03	95.73	80.33	135.1	164.84
Operating Expenses	37.45	108.41	80.33	135.1	164.84
Operating Income	-167.4	-15.94	37.43	541.17	-160.66
Interest Expense	-119.72	-133.52	-147.25	-203.71	-135.69
Interest & Investment Income	0.12	0.2	0.5	1.04	1.55
Other Non Operating Income (Expenses)	18.92	1.81	95.3	15.73	3.98
EBT Excluding Unusual Items	-268.08	-147.44	-14.02	354.24	-290.81
Impairment of Goodwill	-	-	-	-	-50.29
Gain (Loss) on Sale of Assets	233.15	-74.15	-153.17	222.17	-
Asset Writedown	-82.26	-10.09	-1.75	-28.51	-
Pretax Income	-117.19	-231.68	-168.93	547.9	-341.1
Income Tax Expense	-137.23	0.39	35.5	217.76	0.4
Earnings From Continuing Operations	20.04	-232.08	-204.43	330.13	-341.51
Net Income to Company	20.04	-232.08	-204.43	330.13	-341.51
Minority Interest in Earnings	33.45	28.59	11.72	-64.96	15.24
Net Income	53.48	-203.48	-192.71	265.18	-326.26
Preferred Dividends & Other Adjustments	0.38	-	-	-	-
Net Income to Common	53.11	-203.48	-192.71	265.18	-326.26
Shares Outstanding (Basic)	1,535	1,537	1,455	1,389	1,389
Shares Outstanding (Diluted)	1,535	1,537	1,455	1,389	1,389
Shares Change (YoY)	-0.13%	5.69%	4.70%	-	-
EPS (Basic)	0.03	-0.13	-0.13	0.19	-0.23
EPS (Diluted)	0.03	-0.13	-0.13	0.19	-0.23
Free Cash Flow	-	27.91	-257.49	139.21	176.68
Free Cash Flow Per Share	-	0.02	-0.18	0.10	0.13
Gross Margin	-17.05%	42.78%	38.61%	42.22%	53.74%
Operating Margin	-21.96%	-7.37%	12.27%	33.78%	-2066.63%
Profit Margin	6.97%	-94.14%	-63.18%	16.55%	-4196.86%
Free Cash Flow Margin	-	12.91%	-84.42%	8.69%	2272.65%
EBITDA	-148.65	2.82	57.01	562.26	-138.34
EBITDA Margin	-19.50%	1.30%	18.69%	35.10%	-
D&A For EBITDA	18.75	18.75	19.57	21.09	22.32
EBIT	-167.4	-15.94	37.43	541.17	-160.66
EBIT Margin	-21.96%	-7.37%	12.27%	33.78%	-
Effective Tax Rate	-	-	-	39.75%	-

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