HKG:1080 Income Statement

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

Millions CNY. 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	903.16	570.07	591.89	1,047	1,527
Revenue Growth (YoY)	58.43%	-3.69%	-43.46%	-31.43%	78.26%
Cost of Revenue	794.47	510.93	558.42	944.91	1,391
Gross Profit	108.7	59.14	33.46	101.98	135.82
Selling, General & Admin	131.95	110.82	122.01	165.62	224.81
Operating Expenses	132.29	110	123.25	164.35	225.59
Operating Income	-23.6	-50.86	-89.79	-62.37	-89.77
Interest Expense	-12.65	-13.87	-14.5	-17.58	-34.67
Interest & Investment Income	0.47	1.13	0.56	0.62	1.55
Earnings From Equity Investments	18.39	14.59	11.77	26.74	1.82
Currency Exchange Gain (Loss)	-	-	-	0.66	-
Other Non Operating Income (Expenses)	21.13	5.73	15.62	10.78	0.45
EBT Excluding Unusual Items	3.74	-43.29	-76.34	-41.15	-120.62
Gain (Loss) on Sale of Investments	-	-	-38.02	-52.86	-193.58
Gain (Loss) on Sale of Assets	-	-	0	64.94	47
Asset Writedown	-3.42	-	-	-	-5.08
Legal Settlements	-18.96	-	-	-	-
Pretax Income	-18.64	-43.29	-114.36	-29.07	-272.27
Income Tax Expense	0.06	0.06	-15.12	0.19	3.58
Earnings From Continuing Operations	-18.69	-43.35	-99.23	-29.26	-275.85
Minority Interest in Earnings	-0.22	0.78	0.82	-3.75	15.13
Net Income	-18.91	-42.56	-98.41	-33	-260.72
Net Income to Common	-18.91	-42.56	-98.41	-33	-260.72
Shares Outstanding (Basic)	3,874	3,874	3,874	3,874	3,865
Shares Outstanding (Diluted)	3,874	3,874	3,874	3,874	3,865
Shares Change (YoY)	-	-	-	0.26%	18.02%
EPS (Basic)	-0.00	-0.01	-0.03	-0.01	-0.07
EPS (Diluted)	-0.00	-0.01	-0.03	-0.01	-0.07
Free Cash Flow	-	13.11	-34.71	39.9	-5.77
Free Cash Flow Per Share	-	0.00	-0.01	0.01	-0.00
Gross Margin	12.04%	10.37%	5.65%	9.74%	8.90%
Operating Margin	-2.61%	-8.92%	-15.17%	-5.96%	-5.88%
Profit Margin	-2.09%	-7.47%	-16.63%	-3.15%	-17.08%
Free Cash Flow Margin	-	2.30%	-5.86%	3.81%	-0.38%
EBITDA	-4.22	-31.48	-71.61	-24.3	9.82
EBITDA Margin	-0.47%	-5.52%	-12.10%	-2.32%	0.64%
D&A For EBITDA	19.38	19.38	18.19	38.06	99.59
EBIT	-23.6	-50.86	-89.79	-62.37	-89.77
EBIT Margin	-2.61%	-8.92%	-15.17%	-5.96%	-5.88%

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