Convenience Retail Asia 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
Revenue	1,453	1,486	1,487	1,463	1,362	1,192
Revenue Growth (YoY)	-3.58%	-0.04%	1.66%	7.42%	14.28%	-0.48%
Cost of Revenue	698.57	700.3	692.54	723.33	678.89	553.24
Gross Profit	754.39	786.18	794.55	739.54	682.95	638.47
Selling, General & Admin	718.43	752.84	730.1	668.84	632.85	601.44
Other Operating Expenses	-8.49	-8.11	-8.53	-9.88	-34.62	-16.45
Operating Expenses	709.94	744.74	721.58	658.96	598.23	584.99
Operating Income	44.45	41.44	72.97	80.58	84.72	53.47
Interest Expense	-6.41	-7.17	-7.27	-6.92	-6.04	-5.6
Interest & Investment Income	4.44	5.59	5.42	2.2	1.18	1.07
Other Non Operating Income (Expenses)	-8.82	-8.82	-	-	-	-
EBT Excluding Unusual Items	33.66	31.05	71.13	75.86	79.87	48.94
Gain (Loss) on Sale of Assets	-	-	-	-	5.13	-
Other Unusual Items	-	-	-	3.18	2.95	13.98
Pretax Income	33.66	31.05	71.13	79.04	87.94	62.92
Income Tax Expense	7.45	7.13	13.42	11.26	13.54	1.77
Earnings From Continuing Operations	26.21	23.91	57.71	67.79	74.4	61.15
Earnings From Discontinued Operations	-	-	-	-	5.97	3,079
Net Income	26.21	23.91	57.71	67.79	80.37	3,140
Net Income to Common	26.21	23.91	57.71	67.79	80.37	3,140
Net Income Growth	-52.59%	-58.56%	-14.87%	-15.66%	-97.44%	1412.93%
Shares Outstanding (Basic)	777	777	777	776	776	765
Shares Outstanding (Diluted)	777	777	777	777	776	765
Shares Change (YoY)	0.00%	-0.00%	0.03%	0.12%	1.51%	0.28%
EPS (Basic)	0.03	0.03	0.07	0.09	0.10	4.11
EPS (Diluted)	0.03	0.03	0.07	0.09	0.10	4.11
EPS Growth	-51.84%	-58.43%	-14.94%	-15.97%	-97.48%	1408.75%
Free Cash Flow	167.9	200.76	181.08	173.62	152.22	-20.29
Free Cash Flow Per Share	0.22	0.26	0.23	0.22	0.20	-0.03
Dividend Per Share	0.020	0.030	0.060	0.070	0.070	0.060
Dividend Growth	-66.67%	-50.00%	-14.29%	-	16.67%	-76.00%
Gross Margin	51.92%	52.89%	53.43%	50.55%	50.15%	53.58%
Operating Margin	3.06%	2.79%	4.91%	5.51%	6.22%	4.49%
Profit Margin	1.80%	1.61%	3.88%	4.63%	5.90%	263.53%
Free Cash Flow Margin	11.56%	13.51%	12.18%	11.87%	11.18%	-1.70%
EBITDA	90.49	89.71	119.05	123.13	124.85	95.84
EBITDA Margin	6.23%	6.04%	8.01%	8.42%	9.17%	8.04%
D&A For EBITDA	46.04	48.27	46.08	42.55	40.13	42.37
EBIT	44.45	41.44	72.97	80.58	84.72	53.47
EBIT Margin	3.06%	2.79%	4.91%	5.51%	6.22%	4.49%
Effective Tax Rate	22.14%	22.98%	18.86%	14.24%	15.40%	2.82%
Advertising Expenses	-	20.96	22.32	19.13	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.