HKG:1395 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
Operating Revenue	166.7	121.62	113.28	203.66	103.14
Revenue	166.7	121.62	113.28	203.66	103.14
Revenue Growth (YoY)	37.07%	7.36%	-44.38%	97.47%	74.76%
Cost of Revenue	89.69	59.6	72.61	151.6	49.5
Gross Profit	77.01	62.02	40.67	52.06	53.64
Selling, General & Admin	31.37	34.11	26.47	30.54	27.54
Research & Development	0.5	3.2	-	-	-
Other Operating Expenses	6.3	6.55	-	-	-
Operating Expenses	38.13	43.91	26.47	30.54	27.54
Operating Income	38.89	18.12	14.2	21.52	26.1
Interest Expense	-11.54	-12.12	-11.93	-8.22	-3.44
Interest & Investment Income	-	0.55	0.8	1.48	1.69
Currency Exchange Gain (Loss)	-	-3.89	-1.35	1.95	1.48
Other Non Operating Income (Expenses)	6.12	0.41	-1.39	-2.51	-2.93
EBT Excluding Unusual Items	33.46	3.06	0.33	14.23	22.91
Gain (Loss) on Sale of Assets	-	-1.9	0.37	-14.07	-0.01
Other Unusual Items	-	-	-	0.01	-
Pretax Income	33.46	1.16	0.7	0.16	22.9
Income Tax Expense	11.36	10.48	8.82	15.34	11.39
Earnings From Continuing Operations	22.11	-9.32	-8.12	-15.17	11.51
Minority Interest in Earnings	-0.82	0.6	-0.15	-1.09	-5.36
Net Income	21.29	-8.73	-8.27	-16.26	6.15
Net Income to Common	21.29	-8.73	-8.27	-16.26	6.15
Shares Outstanding (Basic)	1,107	1,107	1,107	1,107	1,107
Shares Outstanding (Diluted)	1,107	1,107	1,107	1,107	1,107
EPS (Basic)	0.02	-0.01	-0.01	-0.01	0.01
EPS (Diluted)	0.02	-0.01	-0.01	-0.01	0.01
Free Cash Flow	-	-5.03	-30.66	-84.49	-11.31
Free Cash Flow Per Share	-	-0.01	-0.03	-0.08	-0.01
Dividend Per Share	-	-	-	-	0.005
Gross Margin	46.20%	51.00%	35.90%	25.56%	52.01%
Operating Margin	23.33%	14.89%	12.53%	10.57%	25.31%
Profit Margin	12.77%	-7.18%	-7.30%	-7.98%	5.96%
Free Cash Flow Margin	-	-4.14%	-27.06%	-41.49%	-10.97%
EBITDA	44.21	23.44	19.67	27.05	30.9
EBITDA Margin	26.52%	19.27%	17.36%	13.28%	29.96%
D&A For EBITDA	5.32	5.32	5.47	5.53	4.8
EBIT	38.89	18.12	14.2	21.52	26.1
EBIT Margin	23.33%	14.89%	12.53%	10.57%	25.31%
Effective Tax Rate	33.93%	907.19%	1259.71%	9407.98%	49.76%

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