Langham Hospitality Investments Limited (HKG:1270)

HKG:1270 Income Statement

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	401.84	401.81	513.97	332.11	224.35
Total Revenue	401.84	401.81	513.97	332.11	224.35
Revenue Growth (YoY	0.01%	-21.82%	54.76%	48.03%	7.73%
Property Expenses	21.59	20.78	19.3	18.35	20.74
Selling, General & Administrative	12.03	15.68	13.93	12.59	13.76
Total Operating Expenses	33.62	36.46	33.23	30.94	34.5
Operating Income	368.22	365.35	480.74	301.16	189.85
Interest Expense	-258.15	-312.22	-316.2	-60.97	-52.73
Interest & Investment Income	-	3.86	9.11	2.89	0.63
Other Non-Operating Income	-9.46	0.82	-0.15	-0.36	0.42
EBT Excluding Unusual Items	100.61	57.81	173.5	242.72	138.17
Asset Writedown	-26.58	186.53	926.34	218.42	-475.38
Other Unusual Items	-	-14.63	-	-	-
Pretax Income	74.03	229.71	1,100	461.13	-337.22
Income Tax Expense	19.88	-2.02	19.52	41.57	9.34
Net Income	54.15	231.72	1,080	419.56	-346.56
Net Income to Common	54.15	231.72	1,080	419.56	-346.56
Net Income Growth	-76.63%	-78.55%	157.49%	-	-
Basic Shares Outstanding	2,708	3,392	3,310	3,263	3,238
Diluted Shares Outstanding	2,708	3,392	3,310	3,263	3,238
Shares Change (YoY)	-20.17%	2.47%	1.44%	0.78%	28.16%
EPS (Basic)	0.02	0.07	0.33	0.13	-0.11
EPS (Diluted)	0.02	0.07	0.33	0.13	-0.11
EPS Growth	-70.73%	-79.07%	153.84%	-	-
Dividend Per Share	-	0.016	-	0.029	0.027
Dividend Growth	-	-	-	7.41%	-
Operating Margin	91.63%	90.93%	93.53%	90.68%	84.62%
Profit Margin	13.48%	57.67%	210.19%	126.33%	-154.47%
EBITDA	368.27	365.39	480.79	301.21	189.86
EBITDA Margin	91.65%	90.94%	93.54%	90.70%	84.63%
D&A For Ebitda	0.05	0.05	0.05	0.04	0.01
EBIT	368.22	365.35	480.74	301.16	189.85
EBIT Margin	91.63%	90.93%	93.53%	90.68%	84.62%
Effective Tax Rate	26.85%	-	1.77%	9.01%	-

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