SOCAM Development 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
Operating Revenue	7,010	9,280	8,336	6,307	5,267
Other Revenue	14	28	28	31	26
Revenue	7,024	9,308	8,364	6,338	5,293
Revenue Growth (YoY)	-24.54%	11.29%	31.97%	19.74%	-7.14%
Cost of Revenue	6,039	8,098	7,008	4,986	4,053
Gross Profit	985	1,210	1,356	1,352	1,240
Selling, General & Admin	854	1,049	931	847	762
Other Operating Expenses	-	-2	4	18	4
Operating Expenses	898	1,105	997	924	812
Operating Income	87	105	359	428	428
Interest Expense	-182	-250	-225	-151	-154
Earnings From Equity Investments	1	1	2	-2	8
Currency Exchange Gain (Loss)	52	-48	-3	-229	91
Other Non Operating Income (Expenses)	10	-11	-	6	4
EBT Excluding Unusual Items	-32	-203	133	52	377
Gain (Loss) on Sale of Investments	3	-	-	-1	-
Gain (Loss) on Sale of Assets	-	1	1	-	-
Asset Writedown	-66	-87	-148	-121	-135
Other Unusual Items	-	-	1	30	11
Pretax Income	-95	-289	-13	-40	253
Income Tax Expense	2	24	62	82	78
Earnings From Continuing Operations	-97	-313	-75	-122	175
Earnings From Discontinued Operations	55	-	-	-	-
Net Income to Company	-42	-313	-75	-122	175
Minority Interest in Earnings	-50	-51	-80	-110	-99
Net Income	-92	-364	-155	-232	76
Net Income to Common	-92	-364	-155	-232	76
Net Income Growth	-	-	-	-	46.15%
Shares Outstanding (Basic)	373	373	373	374	374
Shares Outstanding (Diluted)	373	373	373	374	374
Shares Change (YoY)	-	-	-0.27%	-	-
EPS (Basic)	-0.25	-0.98	-0.42	-0.62	0.20
EPS (Diluted)	-0.25	-0.98	-0.42	-0.62	0.20
EPS Growth	-	-	-	-	43.85%
Free Cash Flow	-	333	-103	290	258
Free Cash Flow Per Share	-	0.89	-0.28	0.78	0.69
Dividend Per Share	-	-	-	-	0.070
Gross Margin	14.02%	13.00%	16.21%	21.33%	23.43%
Operating Margin	1.24%	1.13%	4.29%	6.75%	8.09%
Profit Margin	-1.31%	-3.91%	-1.85%	-3.66%	1.44%
Free Cash Flow Margin	-	3.58%	-1.23%	4.58%	4.87%
EBITDA	107	125	382	450	447
EBITDA Margin	1.52%	1.34%	4.57%	7.10%	8.45%
D&A For EBITDA	20	20	23	22	19
EBIT	87	105	359	428	428
EBIT Margin	1.24%	1.13%	4.29%	6.75%	8.09%
Effective Tax Rate	-	-	-	-	30.83%

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