Tan Chong International 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	12,044	12,699	13,826	13,479	11,865
Revenue Growth (YoY)	-5.15%	-8.15%	2.57%	13.60%	-3.69%
Cost of Revenue	9,613	10,181	11,124	11,169	9,820
Gross Profit	2,431	2,517	2,702	2,310	2,045
Selling, General & Admin	1,870	2,045	2,156	2,106	1,995
Other Operating Expenses	2.7	60.55	-61.46	-1.84	-32.35
Operating Expenses	1,873	2,106	2,095	2,104	1,962
Operating Income	558.13	411.54	606.91	206.48	83.1
Interest Expense	-179.64	-209.34	-217.47	-105.42	-58.04
Interest & Investment Income	85.59	80.22	74.41	74.12	55.26
Earnings From Equity Investments	5.41	5.77	5.44	42.01	69.9
EBT Excluding Unusual Items	469.5	288.19	469.29	217.19	150.22
Impairment of Goodwill	-27.19	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	97.29	-
Gain (Loss) on Sale of Assets	16.34	5.8	25.79	348.13	135.37
Asset Writedown	108.92	592.75	150.78	113.21	372.4
Other Unusual Items	-	-	-	-	0.1
Pretax Income	567.56	886.73	645.85	775.82	658.09
Income Tax Expense	249.43	277.24	265.27	265.15	204.21
Earnings From Continuing Operations	318.13	609.49	380.58	510.66	453.88
Minority Interest in Earnings	-174.54	-130.2	-100.25	-92.59	-75.78
Net Income	143.59	479.29	280.33	418.07	378.1
Net Income to Common	143.59	479.29	280.33	418.07	378.1
Net Income Growth	-70.04%	70.97%	-32.95%	10.57%	3877.05%
Shares Outstanding (Basic)	2,013	2,013	2,013	2,013	2,013
Shares Outstanding (Diluted)	2,013	2,013	2,013	2,013	2,013
EPS (Basic)	0.07	0.24	0.14	0.21	0.19
EPS (Diluted)	0.07	0.24	0.14	0.21	0.19
EPS Growth	-70.05%	71.02%	-32.97%	10.57%	3877.11%
Free Cash Flow	925.75	165.03	-1,510	-655.25	668.12
Free Cash Flow Per Share	0.46	0.08	-0.75	-0.33	0.33
Dividend Per Share	0.080	0.075	0.075	0.100	0.065
Dividend Growth	6.67%	-	-25.00%	53.85%	62.50%
Gross Margin	20.19%	19.82%	19.54%	17.14%	17.24%
Operating Margin	4.63%	3.24%	4.39%	1.53%	0.70%
Profit Margin	1.19%	3.77%	2.03%	3.10%	3.19%
Free Cash Flow Margin	7.69%	1.30%	-10.92%	-4.86%	5.63%
EBITDA	981.18	820.49	1,092	606.41	452.86
EBITDA Margin	8.15%	6.46%	7.90%	4.50%	3.82%
D&A For EBITDA	423.05	408.96	485.57	399.93	369.75
EBIT	558.13	411.54	606.91	206.48	83.1
EBIT Margin	4.63%	3.24%	4.39%	1.53%	0.70%
Effective Tax Rate	43.95%	31.27%	41.07%	34.18%	31.03%

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