HKG:1259 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	493.73	508.48	517.43	498.52	602.69
Revenue Growth (YoY)	-2.90%	-1.73%	3.79%	-17.29%	-56.81%
Cost of Revenue	346.45	377.93	399.28	397.46	474.18
Gross Profit	147.28	130.54	118.15	101.06	128.51
Selling, General & Admin	202.95	175.93	144.3	127.66	120.48
Other Operating Expenses	2.22	-	0.28	0	0.27
Operating Expenses	205.17	176.13	151.74	131.18	121.43
Operating Income	-57.9	-45.59	-33.59	-30.12	7.09
Interest Expense	-0.54	-0.68	-0.83	-1.44	-3.73
Interest & Investment Income	-	6.76	7.55	0.28	1.13
Earnings From Equity Investments	1.01	0.67	-	-	-
Currency Exchange Gain (Loss)	-	-	1.55	-	4.68
Other Non Operating Income (Expenses)	7.78	7.73	2.88	2.81	1.02
EBT Excluding Unusual Items	-49.64	-31.12	-22.43	-28.47	10.19
Impairment of Goodwill	-2.93	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	1.72	0.14
Gain (Loss) on Sale of Assets	-	1.87	-	-	0.3
Asset Writedown	-11.8	-21.95	-8.55	-32.87	-11.5
Pretax Income	-64.38	-51.19	-30.98	-59.62	-0.87
Income Tax Expense	5.28	5.2	4.07	2.41	1.97
Earnings From Continuing Operations	-69.66	-56.39	-35.05	-62.03	-2.84
Earnings From Discontinued Operations	-	-	0.57	-38.77	-97.05
Net Income to Company	-69.66	-56.39	-34.48	-100.8	-99.88
Minority Interest in Earnings	-3.55	2.66	-4.27	11.94	-5.01
Net Income	-73.21	-53.73	-38.75	-88.86	-104.89
Net Income to Common	-73.21	-53.73	-38.75	-88.86	-104.89
Shares Outstanding (Basic)	2,205	2,222	2,274	2,274	2,050
Shares Outstanding (Diluted)	2,205	2,222	2,274	2,274	2,050
Shares Change (YoY)	-0.77%	-2.28%	-	10.96%	13.23%
EPS (Basic)	-0.03	-0.02	-0.02	-0.04	-0.05
EPS (Diluted)	-0.03	-0.02	-0.02	-0.04	-0.05
Free Cash Flow	-	28.7	59.88	-59.93	15.32
Free Cash Flow Per Share	-	0.01	0.03	-0.03	0.01
Gross Margin	29.83%	25.67%	22.83%	20.27%	21.32%
Operating Margin	-11.73%	-8.97%	-6.49%	-6.04%	1.18%
Profit Margin	-14.83%	-10.57%	-7.49%	-17.82%	-17.40%
Free Cash Flow Margin	-	5.64%	11.57%	-12.02%	2.54%
EBITDA	-56.32	-44.01	-31.68	-15.22	29.64
EBITDA Margin	-11.41%	-8.65%	-6.12%	-3.05%	4.92%
D&A For EBITDA	1.58	1.58	1.91	14.9	22.55
EBIT	-57.9	-45.59	-33.59	-30.12	7.09
EBIT Margin	-11.73%	-8.97%	-6.49%	-6.04%	1.18%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.