Lai Fung Holdings Limited (HKG:1125)

Lai Fung Holdings Income Statement

Financials in millions HKD. Fiscal year is August - July.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Other Revenue	1,292	2,191	1,800	2,516	3,196
Total Revenue	1,292	2,191	1,800	2,516	3,196
Revenue Growth (YoY	-41.03%	21.72%	-28.43%	-21.29%	166.13%
Property Expenses	806.9	1,465	903.37	1,221	2,546
Selling, General & Administrative	268.57	350.69	420.08	376.36	385.18
Other Operating Expenses	-16.16	-90.73	122.46	242.37	213.04
Total Operating Expenses	1,059	1,725	1,446	1,840	3,144
Operating Income	232.89	466.02	354.38	675.77	51.79
Interest Expense	-484.08	-582.19	-534.14	-379.72	-390.23
Interest & Investment Income	42.7	54.38	65.4	91.02	48.36
Currency Exchange Gain (Loss)	-13.2	-24.16	-11.8	-64.57	4.27
Other Non-Operating Income	-37.78	-51.95	-62.08	-20.05	-11.2
EBT Excluding Unusual Items	-259.47	-137.9	-188.24	302.45	-297
Gain (Loss) on Sale of Assets	3.34	0.13	-0.24	0.9	-0.57
Asset Writedown	-37.82	371.71	-242.45	-25.34	61.42
Pretax Income	-293.95	233.94	-430.93	278	-236.15
Income Tax Expense	187.54	583.11	258.43	561.89	439.41
Earnings From Continuing Operations	-481.49	-349.17	-689.35	-283.88	-675.57
Minority Interest in Earnings	62.07	81.5	104.65	149.36	136.6
Net Income	-419.42	-267.66	-584.7	-134.52	-538.97
Net Income to Common	-419.42	-267.66	-584.7	-134.52	-538.97
Basic Shares Outstanding	331	331	331	331	331
Diluted Shares Outstanding	331	331	331	331	331
Shares Change (YoY)	-	-	-	-	0.30%
EPS (Basic)	-1.27	-0.81	-1.77	-0.41	-1.63
EPS (Diluted)	-1.27	-0.81	-1.77	-0.41	-1.63
Operating Margin	18.02%	21.27%	19.68%	26.86%	1.62%
Profit Margin	-32.46%	-12.21%	-32.48%	-5.35%	-16.86%
EBITDA	325.23	569.72	497.31	897.54	296.93
EBITDA Margin	25.17%	26.00%	27.62%	35.68%	9.29%
D&A For Ebitda	92.34	103.7	142.93	221.77	245.14
EBIT	232.89	466.02	354.38	675.77	51.79
EBIT Margin	18.02%	21.27%	19.68%	26.86%	1.62%
Effective Tax Rate	-	249.25%	-	202.12%	-

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