CITIC Resources 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	14,965	9,498	3,826	5,866	4,349
Revenue Growth (YoY)	57.56%	148.27%	-34.79%	34.87%	52.61%
Cost of Revenue	14,525	8,767	2,822	4,031	3,156
Gross Profit	439.77	730.52	1,004	1,835	1,193
Selling, General & Admin	227	274.2	272.53	304.76	324.91
Other Operating Expenses	33.21	27.74	61.17	30.4	26.95
Operating Expenses	261.77	300.5	231.03	376.56	383.85
Operating Income	178	430.02	772.93	1,458	809.1
Interest Expense	-89.28	-69.42	-137.76	-115.36	-81.03
Interest & Investment Income	163.37	73.64	73.92	42.49	18.62
Earnings From Equity Investments	-75.39	241.96	285.83	422.55	422.52
Currency Exchange Gain (Loss)	5.89	21.74	-6.59	-18.06	54.66
Other Non Operating Income (Expenses)	86.94	178.52	18.47	123.81	36.59
EBT Excluding Unusual Items	269.53	876.46	1,007	1,914	1,260
Impairment of Goodwill	-	-	-	-24.68	-
Gain (Loss) on Sale of Investments	-	-	-844.72	-45.18	-
Gain (Loss) on Sale of Assets	-1.54	-4.23	-8.14	0.26	11.72
Asset Writedown	-	-51.48	542.83	31.2	-
Other Unusual Items	-	-	-	-	64.16
Pretax Income	267.99	820.76	696.76	1,875	1,336
Income Tax Expense	75.61	213.4	77.93	475.19	222.18
Earnings From Continuing Operations	192.38	607.36	618.83	1,400	1,114
Minority Interest in Earnings	-21.73	-34.78	-67.03	-64.59	-10.78
Net Income	170.65	572.58	551.8	1,336	1,103
Net Income to Common	170.65	572.58	551.8	1,336	1,103
Net Income Growth	-70.20%	3.77%	-58.68%	21.04%	-
Shares Outstanding (Basic)	7,858	7,858	7,858	7,858	7,858
Shares Outstanding (Diluted)	7,858	7,858	7,858	7,858	7,858
EPS (Basic)	0.02	0.07	0.07	0.17	0.14
EPS (Diluted)	0.02	0.07	0.07	0.17	0.14
EPS Growth	-70.22%	3.80%	-58.70%	21.06%	-
Free Cash Flow	-	388.36	749.6	1,641	668.99
Free Cash Flow Per Share	-	0.05	0.10	0.21	0.09
Dividend Per Share	-	0.026	0.025	0.060	0.045
Dividend Growth	-	4.00%	-58.33%	33.33%	-
Gross Margin	2.94%	7.69%	26.24%	31.28%	27.43%
Operating Margin	1.19%	4.53%	20.20%	24.86%	18.60%
Profit Margin	1.14%	6.03%	14.42%	22.77%	25.37%
Free Cash Flow Margin	-	4.09%	19.59%	27.98%	15.38%
EBITDA	700.79	952.81	1,120	1,917	1,247
EBITDA Margin	4.68%	10.03%	29.27%	32.68%	28.68%
D&A For EBITDA	522.79	522.79	346.97	458.75	438.22
EBIT	178	430.02	772.93	1,458	809.1
EBIT Margin	1.19%	4.53%	20.20%	24.86%	18.60%
Effective Tax Rate	28.21%	26.00%	11.18%	25.34%	16.63%

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