HKG:1090 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	44,193	46,453	50,560	50,122	46,345
Revenue Growth (YoY)	-4.87%	-8.12%	0.87%	8.15%	31.91%
Cost of Revenue	43,133	45,768	49,639	49,214	44,518
Gross Profit	1,061	685.69	921.53	908.63	1,827
Selling, General & Admin	851.47	944.09	948.8	928	901.77
Other Operating Expenses	-48.85	-52.57	-65.8	-44.07	-41.67
Operating Expenses	802.62	891.52	883	883.93	860.11
Operating Income	257.99	-205.83	38.53	24.7	967.1
Interest Expense	-262.29	-286.43	-273.77	-276.18	-272.27
Interest & Investment Income	50.31	44.84	36.53	44.52	34.79
Currency Exchange Gain (Loss)	-0.18	9.6	-8.89	13.04	-0.05
EBT Excluding Unusual Items	45.83	-437.82	-207.6	-193.92	729.58
Gain (Loss) on Sale of Assets	-2.3	-0.71	-0.68	-0.48	-0.44
Pretax Income	43.53	-438.53	-208.28	-194.4	729.14
Income Tax Expense	31.3	-53.39	-17.79	-35.56	201.57
Earnings From Continuing Operations	12.24	-385.14	-190.49	-158.83	527.57
Minority Interest in Earnings	-47.8	-29.44	-28.58	-19.47	-32.52
Net Income	-35.56	-414.58	-219.07	-178.3	495.04
Net Income to Common	-35.56	-414.58	-219.07	-178.3	495.04
Net Income Growth	-	-	-	-	42.26%
Shares Outstanding (Basic)	1,275	1,275	1,275	1,275	1,235
Shares Outstanding (Diluted)	1,275	1,275	1,275	1,275	1,238
Shares Change (YoY)	-	-	-	2.97%	1.01%
EPS (Basic)	-0.03	-0.33	-0.17	-0.14	0.40
EPS (Diluted)	-0.03	-0.33	-0.17	-0.14	0.40
EPS Growth	-	-	-	-	42.86%
Free Cash Flow	302.1	-2.91	-571.61	-379.56	-181.01
Free Cash Flow Per Share	0.24	-0.00	-0.45	-0.30	-0.15
Dividend Per Share	-	-	-	-	0.098
Dividend Growth	-	-	-	-	93.50%
Gross Margin	2.40%	1.48%	1.82%	1.81%	3.94%
Operating Margin	0.58%	-0.44%	0.08%	0.05%	2.09%
Profit Margin	-0.08%	-0.89%	-0.43%	-0.36%	1.07%
Free Cash Flow Margin	0.68%	-0.01%	-1.13%	-0.76%	-0.39%
EBITDA	698.26	221.4	452.61	423.42	1,360
EBITDA Margin	1.58%	0.48%	0.90%	0.84%	2.94%
D&A For EBITDA	440.27	427.23	414.07	398.72	393.06
EBIT	257.99	-205.83	38.53	24.7	967.1
EBIT Margin	0.58%	-0.44%	0.08%	0.05%	2.09%
Effective Tax Rate	71.89%	-	-	-	27.64%

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