S.A.S. Dragon Holdings 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	30,536	27,757	22,371	24,969	35,298
Revenue Growth (YoY)	10.01%	24.08%	-10.41%	-29.26%	75.05%
Cost of Revenue	29,205	26,327	21,054	23,683	33,711
Gross Profit	1,331	1,430	1,316	1,285	1,587
Selling, General & Admin	400.36	390.81	401.92	430.81	458
Operating Expenses	464.16	518.35	468.09	474.83	486.96
Operating Income	867.18	911.74	848.32	810.5	1,100
Interest Expense	-61.72	-68.63	-86.4	-56.28	-34.13
Interest & Investment Income	56.57	25.22	56.42	16.65	10.75
Earnings From Equity Investments	0.95	0.24	0.44	-23.31	-15.47
Currency Exchange Gain (Loss)	-16.46	2.81	-20.56	6.55	4.77
Other Non Operating Income (Expenses)	0.94	8.59	5.3	7.78	26.98
EBT Excluding Unusual Items	847.46	879.97	803.53	761.9	1,093
Gain (Loss) on Sale of Investments	14.62	1.81	-37.1	-23.01	54.88
Gain (Loss) on Sale of Assets	0.17	0.28	1.33	0.62	1.22
Asset Writedown	-26.4	-76.94	-51.55	-65.61	-40.61
Other Unusual Items	-	-	-	4.96	0.34
Pretax Income	835.85	805.13	716.21	678.87	1,109
Income Tax Expense	124.66	132.64	130.54	114.96	183.88
Earnings From Continuing Operations	711.2	672.49	585.67	563.91	925.13
Minority Interest in Earnings	-154.48	-171.25	-181.87	-163.57	-211.94
Net Income	556.72	501.24	403.8	400.34	713.19
Net Income to Common	556.72	501.24	403.8	400.34	713.19
Net Income Growth	11.07%	24.13%	0.86%	-43.87%	172.32%
Shares Outstanding (Basic)	626	626	626	626	626
Shares Outstanding (Diluted)	626	626	626	626	626
EPS (Basic)	0.89	0.80	0.65	0.64	1.14
EPS (Diluted)	0.89	0.80	0.65	0.64	1.14
EPS Growth	11.07%	24.13%	0.86%	-43.87%	172.32%
Free Cash Flow	-	549.33	1,037	979.16	337.79
Free Cash Flow Per Share	-	0.88	1.66	1.56	0.54
Dividend Per Share	0.400	0.400	0.350	0.350	0.450
Dividend Growth	-	14.29%	-	-22.22%	114.29%
Gross Margin	4.36%	5.15%	5.88%	5.15%	4.50%
Operating Margin	2.84%	3.28%	3.79%	3.25%	3.12%
Profit Margin	1.82%	1.81%	1.80%	1.60%	2.02%
Free Cash Flow Margin	-	1.98%	4.63%	3.92%	0.96%
EBITDA	896.35	940.91	886.39	849.52	1,140
EBITDA Margin	2.94%	3.39%	3.96%	3.40%	3.23%
D&A For EBITDA	29.17	29.17	38.07	39.02	39.79
EBIT	867.18	911.74	848.32	810.5	1,100
EBIT Margin	2.84%	3.28%	3.79%	3.25%	3.12%
Effective Tax Rate	14.91%	16.47%	18.23%	16.93%	16.58%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.