Hi Sun Technology (China) 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	2,118	2,340	2,709	3,433	4,183
Revenue Growth (YoY)	-9.47%	-13.63%	-21.08%	-17.93%	8.79%
Cost of Revenue	1,290	1,478	1,772	2,243	3,072
Gross Profit	828.1	862.03	937.48	1,189	1,111
Selling, General & Admin	962.9	998.99	955.61	898.54	768.11
Other Operating Expenses	-11	-13.65	-48.02	-47.46	-38.32
Operating Expenses	1,180	988.2	909.4	861.04	729.8
Operating Income	-351.78	-126.17	28.08	328.41	381.25
Interest Expense	-3.72	-1.9	-3.76	-59.86	-70.59
Interest & Investment Income	119.88	141.52	73.76	56.66	57.38
Earnings From Equity Investments	230.29	213.16	402.95	398.53	352.33
EBT Excluding Unusual Items	-5.33	226.61	501.03	723.74	720.37
Gain (Loss) on Sale of Investments	-116.87	-145.21	-4.49	-8.09	3,033
Gain (Loss) on Sale of Assets	4.24	93.23	3.28	2.6	-
Asset Writedown	-	-	-20.84	-	-
Pretax Income	-117.95	174.63	478.99	718.26	3,753
Income Tax Expense	28.02	-1.92	-35.39	113.22	129.53
Earnings From Continuing Operations	-145.97	176.55	514.37	605.04	3,624
Earnings From Discontinued Operations	-	-	-	509.58	61.3
Net Income to Company	-145.97	176.55	514.37	1,115	3,685
Minority Interest in Earnings	24.42	-18.95	-50.94	-175.2	-163.51
Net Income	-121.55	157.61	463.43	939.42	3,522
Net Income to Common	-121.55	157.61	463.43	939.42	3,522
Net Income Growth	-	-65.99%	-50.67%	-73.32%	436.26%
Shares Outstanding (Basic)	2,721	2,753	2,745	2,763	2,777
Shares Outstanding (Diluted)	2,721	2,753	2,745	2,763	2,777
Shares Change (YoY)	-1.18%	0.29%	-0.64%	-0.49%	-
EPS (Basic)	-0.04	0.06	0.17	0.34	1.27
EPS (Diluted)	-0.08	0.02	0.13	0.31	1.24
EPS Growth	-	-84.10%	-57.38%	-74.70%	500.61%
Free Cash Flow	-513.78	-509.05	1,173	24.52	-906.85
Free Cash Flow Per Share	-0.19	-0.18	0.43	0.01	-0.33
Gross Margin	39.09%	36.84%	34.60%	34.65%	26.56%
Operating Margin	-16.61%	-5.39%	1.04%	9.57%	9.12%
Profit Margin	-5.74%	6.73%	17.11%	27.37%	84.19%
Free Cash Flow Margin	-24.25%	-21.75%	43.31%	0.71%	-21.68%
EBITDA	-314.96	-83.38	127.2	470.47	618.88
EBITDA Margin	-14.87%	-3.56%	4.70%	13.71%	14.80%
D&A For EBITDA	36.82	42.79	99.11	142.06	237.63
EBIT	-351.78	-126.17	28.08	328.41	381.25
EBIT Margin	-16.61%	-5.39%	1.04%	9.57%	9.12%
Effective Tax Rate	-	-	-	15.76%	3.45%

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