HKG:1132 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	673.25	734.26	792.75	696	514.9
Revenue Growth (YoY)	-8.31%	-7.38%	13.90%	35.17%	59.59%
Cost of Revenue	225.79	250.05	274.38	246.93	193.3
Gross Profit	447.46	484.21	518.37	449.07	321.6
Selling, General & Admin	409.75	487.87	520	476.71	447.6
Other Operating Expenses	82.23	67.19	-6.75	-7.06	-2.37
Operating Expenses	491.97	555.07	513.25	469.65	445.23
Operating Income	-44.51	-70.86	5.12	-20.58	-123.64
Interest Expense	-14.93	-34.24	-35.53	-37.67	-42.67
Interest & Investment Income	2.96	3.1	1.48	3.09	5.24
Earnings From Equity Investments	-	-	-	-22.79	-50.68
Currency Exchange Gain (Loss)	-	-10.58	-9.78	-43.55	2.34
Other Non Operating Income (Expenses)	-1.69	-4.54	-3.8	-4.85	-18.38
EBT Excluding Unusual Items	-58.17	-117.12	-42.5	-126.34	-227.8
Impairment of Goodwill	-	-	-	-	-49.24
Gain (Loss) on Sale of Assets	-	-7.67	-0.26	55.88	0.2
Asset Writedown	-	-45.64	-	-	-85.57
Other Unusual Items	85.85	12.26	4.04	23.78	31.05
Pretax Income	27.68	-158.18	-38.72	-46.69	-331.36
Income Tax Expense	-28.7	9.89	7.79	-0.54	-16.45
Earnings From Continuing Operations	56.38	-168.07	-46.51	-46.15	-314.91
Earnings From Discontinued Operations	-	-74.58	-43.89	-	-
Net Income to Company	56.38	-242.64	-90.4	-46.15	-314.91
Minority Interest in Earnings	-	-	0	0	0.76
Net Income	56.38	-242.64	-90.4	-46.15	-314.15
Net Income to Common	56.38	-242.64	-90.4	-46.15	-314.15
Shares Outstanding (Basic)	2,800	2,800	2,800	2,800	2,800
Shares Outstanding (Diluted)	2,800	2,800	2,800	2,800	2,800
EPS (Basic)	0.02	-0.09	-0.03	-0.02	-0.11
EPS (Diluted)	0.02	-0.09	-0.03	-0.02	-0.11
Free Cash Flow	-	82.1	58.93	28.61	-38.89
Free Cash Flow Per Share	-	0.03	0.02	0.01	-0.01
Gross Margin	66.46%	65.94%	65.39%	64.52%	62.46%
Operating Margin	-6.61%	-9.65%	0.65%	-2.96%	-24.01%
Profit Margin	8.37%	-33.05%	-11.40%	-6.63%	-61.01%
Free Cash Flow Margin	-	11.18%	7.43%	4.11%	-7.55%
EBITDA	2.03	-24.31	53.36	22.32	-73.72
EBITDA Margin	0.30%	-3.31%	6.73%	3.21%	-14.32%
D&A For EBITDA	46.55	46.55	48.24	42.9	49.92
EBIT	-44.51	-70.86	5.12	-20.58	-123.64
EBIT Margin	-6.61%	-9.65%	0.65%	-2.96%	-24.01%

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