HKG:1123 Income Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	970.87	1,001	1,102	1,079	1,015	916.75
Revenue Growth (YoY)	-8.31%	-9.22%	2.15%	6.30%	10.74%	4.14%
Cost of Revenue	719.24	745.1	823.27	813.44	793.4	722.55
Gross Profit	251.63	255.65	279.15	265.8	221.84	194.2
Selling, General & Admin	242.04	247.91	255.52	254.58	230.53	218.61
Other Operating Expenses	-14.95	-14.75	-15.78	-17.93	-17.32	-16.27
Operating Expenses	227.43	234.74	239.74	236.55	213.15	202.71
Operating Income	24.2	20.92	39.41	29.25	8.69	-8.51
Interest Expense	-3.43	-2.99	-2.46	-2.51	-2.94	-2.85
Interest & Investment Income	4	5.16	4.5	2.4	1.16	1.36
EBT Excluding Unusual Items	24.78	23.08	41.46	29.14	6.91	-10
Asset Writedown	-17.45	-18.93	-10.02	4.13	13.68	16.37
Other Unusual Items	-0.69	-	-	11.24	0.75	28.1
Pretax Income	6.63	4.15	31.44	44.5	21.34	34.47
Income Tax Expense	7.21	6.21	0.53	2.07	3.78	2.52
Earnings From Continuing Operations	-0.58	-2.06	30.92	42.44	17.56	31.95
Minority Interest in Earnings	-0.18	-0.26	-1.16	-1.63	0.55	1.69
Net Income	-0.76	-2.32	29.76	40.81	18.11	33.64
Net Income to Common	-0.76	-2.32	29.76	40.81	18.11	33.64
Net Income Growth	-	-	-27.09%	125.34%	-46.16%	-
Shares Outstanding (Basic)	1,185	1,185	1,185	1,185	1,185	1,185
Shares Outstanding (Diluted)	1,185	1,185	1,185	1,185	1,185	1,185
EPS (Basic)	-0.00	-0.00	0.03	0.03	0.02	0.03
EPS (Diluted)	-0.00	-0.00	0.03	0.03	0.02	0.03
EPS Growth	-	-	-27.03%	125.15%	-46.16%	-
Free Cash Flow	5.28	53.22	69.5	68.07	6.73	129.98
Free Cash Flow Per Share	0.00	0.04	0.06	0.06	0.01	0.11
Dividend Per Share	-	-	0.010	0.010	0.010	0.010
Gross Margin	25.92%	25.55%	25.32%	24.63%	21.85%	21.18%
Operating Margin	2.49%	2.09%	3.57%	2.71%	0.86%	-0.93%
Profit Margin	-0.08%	-0.23%	2.70%	3.78%	1.78%	3.67%
Free Cash Flow Margin	0.54%	5.32%	6.30%	6.31%	0.66%	14.18%
EBITDA	35.87	33.19	51.87	42.05	23.06	7.01
EBITDA Margin	3.69%	3.32%	4.71%	3.90%	2.27%	0.77%
D&A For EBITDA	11.67	12.28	12.46	12.8	14.37	15.52
EBIT	24.2	20.92	39.41	29.25	8.69	-8.51
EBIT Margin	2.49%	2.09%	3.57%	2.71%	0.86%	-0.93%
Effective Tax Rate	108.72%	149.61%	1.67%	4.64%	17.71%	7.32%
Advertising Expenses	-	15.52	12.31	14.64	9.86	12.64

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