HKG:1102 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
Revenue	444.19	461.85	530.33	269.58	321.84	54.05
Revenue Growth (YoY)	-15.03%	-12.91%	96.73%	-16.24%	495.41%	-4.97%
Cost of Revenue	414.44	427.5	490.26	468.13	305.93	53.46
Gross Profit	29.75	34.35	40.07	-198.55	15.92	0.6
Selling, General & Admin	13.96	15.65	14.24	10.01	22.47	18.05
Other Operating Expenses	0.1	-	-	-0.04	-0.18	-0
Operating Expenses	14.05	15.65	14.24	10.48	362.61	18.05
Operating Income	15.69	18.71	25.83	-209.03	-346.69	-17.45
Interest Expense	-0.47	-0.55	-0.28	-10.71	-6.67	-21.79
Interest & Investment Income	0.82	0.86	0.27	0	0.01	15.26
Currency Exchange Gain (Loss)	-	-	-	-	2.11	-
Other Non Operating Income (Expenses)	0.01	0.03	0.03	-	-	-
EBT Excluding Unusual Items	16.05	19.05	25.85	-219.74	-351.24	-23.98
Gain (Loss) on Sale of Assets	-0.01	-0.01	-	7.02	-	-
Asset Writedown	-	-	-	-36.13	-14.32	-2.02
Other Unusual Items	0.1	-80.63	1.55	0.12	8.71	0.23
Pretax Income	16.14	-61.59	27.41	-248.72	-356.86	-25.78
Income Tax Expense	5.67	6.82	9.52	3.69	0.92	-
Earnings From Continuing Operations	10.47	-68.41	17.88	-252.4	-357.77	-25.78
Earnings From Discontinued Operations	65.16	52.2	-42.17	-	-	-
Net Income to Company	75.63	-16.22	-24.29	-252.4	-357.77	-25.78
Minority Interest in Earnings	-6.8	-8.19	-11.46	-4.62	-	-
Net Income	68.83	-24.4	-35.75	-257.03	-357.77	-25.78
Net Income to Common	68.83	-24.4	-35.75	-257.03	-357.77	-25.78
Shares Outstanding (Basic)	1,441	1,062	542	542	542	477
Shares Outstanding (Diluted)	1,441	1,062	542	542	542	477
Shares Change (YoY)	149.87%	95.79%	-	-	13.66%	5.49%
EPS (Basic)	0.05	-0.02	-0.07	-0.47	-0.66	-0.05
EPS (Diluted)	0.05	-0.02	-0.07	-0.47	-0.66	-0.05
Free Cash Flow	2.95	-0.72	7.22	-8.15	-5.07	-18.06
Free Cash Flow Per Share	0.00	-0.00	0.01	-0.01	-0.01	-0.04
Gross Margin	6.70%	7.44%	7.56%	-73.65%	4.95%	1.11%
Operating Margin	3.53%	4.05%	4.87%	-77.54%	-107.72%	-32.28%
Profit Margin	15.50%	-5.28%	-6.74%	-95.34%	-111.16%	-47.69%
Free Cash Flow Margin	0.66%	-0.16%	1.36%	-3.02%	-1.57%	-33.42%
EBITDA	-	18.71	25.83	-209.02	-346.68	-17.36
EBITDA Margin	-	4.05%	4.87%	-77.54%	-107.72%	-32.11%
D&A For EBITDA	-	0	0	0.01	0.01	0.09
EBIT	15.69	18.71	25.83	-209.03	-346.69	-17.45
EBIT Margin	3.53%	4.05%	4.87%	-77.54%	-107.72%	-32.28%
Effective Tax Rate	35.15%	-	34.74%	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.