HKG:1036 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
Other Revenue	892.75	724.06	193.46	264.19	376.85	393.11
Total Revenue	892.75	724.06	234.03	315.62	464.49	477.58
Revenue Growth (YoY	192.49%	209.39%	-25.85%	-32.05%	-2.74%	78.00%
Property Expenses	810.65	641.43	189.86	189.18	182.43	169.24
Selling, General & Administrative	170.47	160.72	53.37	81.94	65.38	24.45
Other Operating Expenses	-8.19	-6.16	-5.02	-1.45	-0.66	-0.67
Total Operating Expenses	972.93	795.99	238.21	269.67	247.16	193.03
Operating Income	-80.18	-71.93	-4.18	45.95	217.33	284.56
Interest Expense	-3.91	-15.26	-35.24	-25.31	-28.48	-35.87
Interest & Investment Income	13.35	19.69	18.31	8.27	2.69	8.15
Other Non-Operating Income	-0.12	-0.87	-1.36	-5.51	-4.53	-2.7
EBT Excluding Unusual Items	-70.87	-68.37	-22.46	23.4	187	254.12
Gain (Loss) on Sale of Investments	-	-	-	-	95.9	5.2
Gain (Loss) on Sale of Assets	-1.3	-	13.72	38.38	-	-
Asset Writedown	-59.2	9.9	54.27	-	191.26	-56.17
Other Unusual Items	-	0.05	0.06	0.04	0.09	0.18
Pretax Income	-131.37	-58.42	45.58	61.83	474.26	203.33
Income Tax Expense	-9.25	-7.89	17.88	33.66	49.56	17.61
Earnings From Continuing Operations	-122.12	-50.53	27.7	28.17	424.69	185.73
Minority Interest in Earnings	-	-	-	-	-0.11	0.02
Net Income	-122.12	-50.53	27.7	28.17	424.58	185.75
Net Income to Common	-122.12	-50.53	27.7	28.17	424.58	185.75
Net Income Growth	-	-	-1.67%	-93.36%	128.58%	39.28%
Basic Shares Outstanding	390	390	390	390	390	390
Diluted Shares Outstanding	390	390	390	390	390	390
EPS (Basic)	-0.31	-0.13	0.07	0.07	1.09	0.48
EPS (Diluted)	-0.31	-0.13	0.07	0.07	1.09	0.48
EPS Growth	-	-	-1.67%	-93.37%	128.58%	39.28%
Dividend Per Share	0.060	0.060	0.060	0.090	0.090	0.090
Dividend Growth	-	-	-33.33%	-	-	-
Operating Margin	-8.98%	-9.93%	-1.79%	14.56%	46.79%	59.58%
Profit Margin	-13.68%	-6.98%	11.84%	8.92%	91.41%	38.89%
EBITDA	-45.8	-36.66	14.16	58.2	228.72	294.98
EBITDA Margin	-5.13%	-5.06%	6.05%	18.44%	49.24%	61.77%
D&A For Ebitda	34.38	35.27	18.34	12.26	11.38	10.43
EBIT	-80.18	-71.93	-4.18	45.95	217.33	284.56
EBIT Margin	-8.98%	-9.93%	-1.79%	14.56%	46.79%	59.58%
Effective Tax Rate	-	-	39.23%	54.44%	10.45%	8.66%

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