Emperor Watch & Jewellery 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	5,765	5,230	4,823	3,684	3,927
Revenue Growth (YoY)	10.23%	8.44%	30.91%	-6.17%	49.49%
Cost of Revenue	3,986	3,749	3,373	2,507	2,697
Gross Profit	1,780	1,481	1,450	1,177	1,230
Selling, General & Admin	1,171	1,140	1,071	881.68	954.12
Operating Expenses	1,171	1,140	1,071	881.68	954.12
Operating Income	608.6	340.65	379.52	295.58	275.39
Interest Expense	-20.7	-24.12	-10.23	-6.9	-16.38
Interest & Investment Income	-	24.79	14.6	7.98	8.65
Currency Exchange Gain (Loss)	-7.93	-8.06	-14.7	-18.73	4.23
Other Non Operating Income (Expenses)	-20.33	0.87	0.21	1.84	0.2
EBT Excluding Unusual Items	559.64	334.13	369.39	279.79	272.09
Gain (Loss) on Sale of Assets	-13.67	-2.92	-2.59	-2.07	-1.2
Asset Writedown	-12.01	-14.5	-	-0.63	-14.67
Other Unusual Items	-2.55	0.33	0.93	0.16	0.05
Pretax Income	531.4	317.04	367.73	277.24	256.27
Income Tax Expense	100.11	60.3	68.51	55.12	51.57
Earnings From Continuing Operations	431.29	256.74	299.22	222.13	204.7
Minority Interest in Earnings	27.15	-	-	-	-
Net Income	458.44	256.74	299.22	222.13	204.7
Net Income to Common	458.44	256.74	299.22	222.13	204.7
Net Income Growth	78.56%	-14.20%	34.71%	8.52%	502.17%
Shares Outstanding (Basic)	7,231	6,779	6,779	6,779	6,779
Shares Outstanding (Diluted)	7,231	6,779	6,779	6,779	6,779
Shares Change (YoY)	6.65%	-	-	-	-
EPS (Basic)	0.06	0.04	0.04	0.03	0.03
EPS (Diluted)	0.06	0.04	0.04	0.03	0.03
EPS Growth	67.42%	-14.20%	34.71%	8.52%	502.17%
Free Cash Flow	-	692.87	301.69	568.34	939.27
Free Cash Flow Per Share	-	0.10	0.04	0.08	0.14
Dividend Per Share	0.017	0.011	0.013	0.010	0.009
Dividend Growth	53.64%	-16.67%	32.00%	11.11%	500.00%
Gross Margin	30.87%	28.31%	30.07%	31.95%	31.31%
Operating Margin	10.56%	6.51%	7.87%	8.02%	7.01%
Profit Margin	7.95%	4.91%	6.20%	6.03%	5.21%
Free Cash Flow Margin	-	13.25%	6.25%	15.43%	23.92%
EBITDA	749.74	481.79	520.2	422.69	404.18
EBITDA Margin	13.00%	9.21%	10.79%	11.47%	10.29%
D&A For EBITDA	141.14	141.14	140.68	127.11	128.79
EBIT	608.6	340.65	379.52	295.58	275.39
EBIT Margin	10.56%	6.51%	7.87%	8.02%	7.01%
Effective Tax Rate	18.84%	19.02%	18.63%	19.88%	20.13%

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