HKG:1120 Income Statement

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

Millions HKD. 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	1,334	1,282	1,196	1,144	1,153
Revenue Growth (YoY)	4.02%	7.19%	4.56%	-0.77%	55.25%
Cost of Revenue	915.19	905.79	825.32	831.49	849.38
Gross Profit	418.68	376.48	370.99	312.61	303.56
Selling, General & Admin	386.72	368.05	351.84	315.49	284.64
Other Operating Expenses	-21.11	-35.78	-34.3	-28.73	-20.94
Operating Expenses	366.12	333.78	317.45	287.22	263.98
Operating Income	52.56	42.7	53.54	25.39	39.58
Interest Expense	-10.79	-5.07	-0.69	-1.55	-1.47
Interest & Investment Income	-	0.46	0.85	0.43	0.51
Earnings From Equity Investments	21.64	11.77	15.47	5.64	5.48
Currency Exchange Gain (Loss)	-	-15.01	-13.52	30.15	-24.1
EBT Excluding Unusual Items	63.42	34.85	55.65	60.07	19.99
Gain (Loss) on Sale of Investments	-	-	-	-0.77	7.82
Gain (Loss) on Sale of Assets	-	-1.51	3.55	60.69	0.72
Asset Writedown	-	-4.9	-2.29	2.67	1.63
Other Unusual Items	-	-	-0.05	4.43	2.23
Pretax Income	63.42	28.44	56.86	127.08	32.39
Income Tax Expense	30.41	12.64	0.16	7.06	6.5
Earnings From Continuing Operations	33.01	15.81	56.7	120.02	25.89
Minority Interest in Earnings	-12.31	-4.39	-5.38	-5.25	-5.19
Net Income	20.7	11.42	51.32	114.77	20.7
Net Income to Common	20.7	11.42	51.32	114.77	20.7
Net Income Growth	81.30%	-77.75%	-55.28%	454.46%	-
Shares Outstanding (Basic)	386	386	386	386	386
Shares Outstanding (Diluted)	386	386	386	386	386
Shares Change (YoY)	-0.00%	-	-	-	-
EPS (Basic)	0.05	0.03	0.13	0.30	0.05
EPS (Diluted)	0.05	0.03	0.13	0.30	0.05
EPS Growth	81.31%	-77.75%	-55.28%	454.46%	-
Free Cash Flow	-	-129.24	-11.52	36.2	-87.37
Free Cash Flow Per Share	-	-0.34	-0.03	0.09	-0.23
Dividend Per Share	-	-	0.050	0.050	-
Gross Margin	31.39%	29.36%	31.01%	27.32%	26.33%
Operating Margin	3.94%	3.33%	4.47%	2.22%	3.43%
Profit Margin	1.55%	0.89%	4.29%	10.03%	1.80%
Free Cash Flow Margin	-	-10.08%	-0.96%	3.16%	-7.58%
EBITDA	83.51	73.65	80.11	51.8	54.32
EBITDA Margin	6.26%	5.74%	6.70%	4.53%	4.71%
D&A For EBITDA	30.95	30.95	26.58	26.41	14.74
EBIT	52.56	42.7	53.54	25.39	39.58
EBIT Margin	3.94%	3.33%	4.47%	2.22%	3.43%
Effective Tax Rate	47.95%	44.42%	0.29%	5.55%	20.07%

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