CGN Mining Company 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	6,870	8,624	7,360	3,649	3,860
Revenue Growth (YoY)	-20.34%	17.18%	101.72%	-5.46%	34.84%
Cost of Revenue	6,801	8,690	7,231	3,501	3,771
Gross Profit	68.91	-66.12	128.76	148.03	88.28
Selling, General & Admin	56.98	71.58	70.79	61.95	55.5
Other Operating Expenses	-0.11	-9.56	-4.9	-16.36	-7.83
Operating Expenses	56.87	62.02	65.88	45.59	47.68
Operating Income	12.04	-128.14	62.87	102.44	40.6
Interest Expense	-164.48	-121.81	-131.46	-61.7	-49.68
Interest & Investment Income	47	39.96	17.95	5.95	1.65
Earnings From Equity Investments	730.12	1,016	592.64	523.36	205.07
Currency Exchange Gain (Loss)	-31.88	7.92	6.97	-	-
EBT Excluding Unusual Items	592.8	814.21	548.97	570.05	197.64
Asset Writedown	-	-	-	-2.9	-1.07
Pretax Income	592.8	814.21	548.97	567.14	196.56
Income Tax Expense	140.04	287.49	62.37	52.23	18.07
Earnings From Continuing Operations	452.76	526.73	486.6	514.92	178.5
Earnings From Discontinued Operations	-	-184.75	10.5	-	-
Net Income	452.76	341.98	497.1	514.92	178.5
Net Income to Common	452.76	341.98	497.1	514.92	178.5
Net Income Growth	32.39%	-31.20%	-3.46%	188.47%	15.00%
Shares Outstanding (Basic)	7,601	7,601	7,601	7,170	6,601
Shares Outstanding (Diluted)	7,601	7,601	7,601	7,170	6,601
Shares Change (YoY)	-	-	6.01%	8.62%	-
EPS (Basic)	0.06	0.04	0.07	0.07	0.03
EPS (Diluted)	0.06	0.04	0.07	0.07	0.03
EPS Growth	32.39%	-31.18%	-8.94%	165.94%	14.89%
Free Cash Flow	-	-903.41	1,040	112.77	257.64
Free Cash Flow Per Share	-	-0.12	0.14	0.02	0.04
Dividend Per Share	0.014	0.010	-	-	-
Dividend Growth	40.00%	-	-	-	-
Gross Margin	1.00%	-0.77%	1.75%	4.06%	2.29%
Operating Margin	0.18%	-1.49%	0.85%	2.81%	1.05%
Profit Margin	6.59%	3.96%	6.75%	14.11%	4.63%
Free Cash Flow Margin	-	-10.47%	14.12%	3.09%	6.68%
EBITDA	12.4	-127.78	63.1	102.65	40.73
EBITDA Margin	0.18%	-1.48%	0.86%	2.81%	1.05%
D&A For EBITDA	0.36	0.36	0.23	0.21	0.13
EBIT	12.04	-128.14	62.87	102.44	40.6
EBIT Margin	0.18%	-1.49%	0.85%	2.81%	1.05%
Effective Tax Rate	23.62%	35.31%	11.36%	9.21%	9.19%

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