CK Infrastructure Holdings Limited (HKG: 1038)

CK Infrastructure Holdings Income Statement

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	5,288	5,990	6,615	7,048	7,182	6,733
Other Revenue	744	784	925	400	435	1,255
Revenue	6,032	6,774	7,540	7,448	7,617	7,988
Revenue Growth (YoY)	-21.18%	-10.16%	1.24%	-2.22%	-4.64%	6.32%
Cost of Revenue	3,750	3,932	4,022	4,258	3,614	3,364
Gross Profit	2,282	2,842	3,518	3,190	4,003	4,624
Operating Expenses	318	325	342	369	395	301
Operating Income	1,964	2,517	3,176	2,821	3,608	4,323
Interest Expense	-999	-954	-645	-455	-301	-695
Earnings From Equity Investments	6,949	6,258	5,526	5,476	5,433	7,492
Currency Exchange Gain (Loss)	547	572	111	189	-391	-26
Other Non Operating Income (Expenses)	185	185	126	72	-	363
EBT Excluding Unusual Items	8,646	8,578	8,294	8,103	8,349	11,457
Asset Writedown	-	-	-	12	-2	16
Other Unusual Items	-438	-438	-438	-434	-796	-796
Pretax Income	8,208	8,140	7,856	7,681	7,551	10,677
Income Tax Expense	122	119	121	161	188	129
Earnings From Continuing Operations	8,086	8,021	7,735	7,520	7,363	10,548
Minority Interest in Earnings	13	6	13	-5	-43	-42
Net Income	8,099	8,027	7,748	7,515	7,320	10,506
Net Income to Common	8,099	8,027	7,748	7,515	7,320	10,506
Net Income Growth	6.88%	3.60%	3.10%	2.66%	-30.33%	0.60%
Shares Outstanding (Basic)	2,520	2,520	2,520	2,520	2,520	2,520
Shares Outstanding (Diluted)	2,520	2,520	2,520	2,520	2,520	2,520
EPS (Basic)	3.21	3.19	3.08	2.98	2.91	4.17
EPS (Diluted)	3.21	3.19	3.08	2.98	2.91	4.17
EPS Growth	6.88%	3.60%	3.10%	2.66%	-30.33%	0.60%
Free Cash Flow	2,480	3,525	1,244	2,692	2,622	2,873
Free Cash Flow Per Share	0.98	1.40	0.49	1.07	1.04	1.14
Dividend Per Share	2.570	2.560	2.530	2.500	2.470	2.460
Dividend Growth	1.18%	1.19%	1.20%	1.21%	0.41%	1.23%
Gross Margin	37.83%	41.95%	46.66%	42.83%	52.55%	57.89%
Operating Margin	32.56%	37.16%	42.12%	37.88%	47.37%	54.12%
Profit Margin	134.27%	118.50%	102.76%	100.90%	96.10%	131.52%
Free Cash Flow Margin	41.11%	52.04%	16.50%	36.14%	34.42%	35.97%
EBITDA	2,236	2,796	3,472	3,138	3,967	4,592
EBITDA Margin	37.07%	41.28%	46.05%	42.13%	52.08%	57.49%
D&A For EBITDA	272	279	296	317	359	269
EBIT	1,964	2,517	3,176	2,821	3,608	4,323
EBIT Margin	32.56%	37.16%	42.12%	37.88%	47.37%	54.12%
Effective Tax Rate	1.49%	1.46%	1.54%	2.10%	2.49%	1.21%

Source: S&P Capital IQ. Standard template. Financial Sources.