HKG:0583 Income Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	119.32	122.06	121.78	120.95	120.45	130.24
Other Revenue	-78.59	56.61	426.61	466.1	774.29	57.69
Total Revenue	40.74	178.67	548.39	587.05	894.74	187.93
Revenue Growth (YoY	-89.32%	-67.42%	-6.59%	-34.39%	376.11%	-68.46%
Property Expenses	11.21	11.7	11.72	13.47	14.28	13.32
Selling, General & Administrative	1.04	1.04	1.03	1.09	0.97	0.95
Depreciation & Amortization	6.29	6.83	6.94	7.01	10.04	12.52
Other Operating Expenses	29.01	30.69	33.62	41.68	47.97	48.51
Total Operating Expenses	47.55	50.26	53.3	63.24	73.26	75.3
Operating Income	-6.82	128.41	495.09	523.81	821.48	112.63
Interest Expense	-311.64	-342.65	-282.09	-165.62	-146.42	-161.23
Interest & Investment Income	3.7	3.7	2.5	1.69	0.04	0.3
EBT Excluding Unusual Items	-314.75	-210.54	215.5	359.88	675.1	-48.3
Asset Writedown	-48.39	131.65	74.53	-35.03	93	-263.46
Pretax Income	-363.14	-78.89	290.03	324.85	768.11	-311.76
Income Tax Expense	5.56	5.25	5.18	7.27	8.43	7.82
Earnings From Continuing Operations	-368.71	-84.14	284.85	317.58	759.68	-319.58
Net Income	-368.71	-84.14	284.85	317.58	759.68	-319.58
Net Income to Common	-368.71	-84.14	284.85	317.58	759.68	-319.58
Net Income Growth	-	-	-10.31%	-58.19%	-	-
Basic Shares Outstanding	1,568	1,568	1,568	1,568	1,568	1,568
Diluted Shares Outstanding	1,568	1,568	1,568	1,568	1,568	1,568
EPS (Basic)	-0.24	-0.05	0.18	0.20	0.48	-0.20
EPS (Diluted)	-0.24	-0.05	0.18	0.20	0.48	-0.20
EPS Growth	-	-	-10.31%	-58.19%	-	-
Operating Margin	-16.73%	71.87%	90.28%	89.23%	91.81%	59.93%
Profit Margin	-905.07%	-47.09%	51.94%	54.10%	84.91%	-170.06%
EBITDA	-0.52	135.24	502.03	530.81	828.56	120.08
EBITDA Margin	-1.29%	75.69%	91.55%	90.42%	92.60%	63.90%
D&A For Ebitda	6.29	6.83	6.94	7.01	7.08	7.45
EBIT	-6.82	128.41	495.09	523.81	821.48	112.63
EBIT Margin	-16.73%	71.87%	90.28%	89.23%	91.81%	59.93%
Effective Tax Rate	-	-	1.79%	2.24%	1.10%	-

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