HKG:1522 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	1,776	1,657	1,637	1,639	1,749
Revenue Growth (YoY)	7.18%	1.20%	-0.11%	-6.30%	12.85%
Cost of Revenue	1,182	1,037	1,046	1,053	1,102
Gross Profit	593.54	619.69	591.01	586.3	647.53
Selling, General & Admin	266.44	266.56	266.16	281.21	287.99
Research & Development	166.7	159.6	170.76	159.56	164.42
Other Operating Expenses	-19.18	-19.91	-30.62	-25.28	-45.06
Operating Expenses	425.33	418.32	407.22	427.15	414.5
Operating Income	168.21	201.37	183.79	159.15	233.03
Interest Expense	-12.33	-9.88	-10.46	-9.01	-27.04
Interest & Investment Income	-	5.76	7.86	5.98	12.79
Earnings From Equity Investments	23.94	21.89	21.63	52.91	56.71
Currency Exchange Gain (Loss)	-	-3.2	-2.42	0.04	1.17
Other Non Operating Income (Expenses)	-	-1.37	-6.5	-	-
EBT Excluding Unusual Items	179.82	214.56	193.9	209.08	276.66
Impairment of Goodwill	-	-	-	-	-64.75
Gain (Loss) on Sale of Investments	-9.25	-7.73	10.02	15.32	0.3
Other Unusual Items	-	-0.55	-0.03	-1.1	18.63
Pretax Income	170.57	206.28	203.89	223.3	230.84
Income Tax Expense	26.3	26.78	18.17	38.3	31.34
Earnings From Continuing Operations	144.26	179.51	185.73	185	199.51
Minority Interest in Earnings	-10.29	-11.9	-11.42	-5.75	-11.97
Net Income	133.97	167.6	174.31	179.25	187.54
Net Income to Common	133.97	167.6	174.31	179.25	187.54
Net Income Growth	-20.06%	-3.85%	-2.76%	-4.42%	11.36%
Shares Outstanding (Basic)	2,097	2,097	2,097	2,097	2,097
Shares Outstanding (Diluted)	2,097	2,097	2,097	2,097	2,097
Shares Change (YoY)	-	-	-	-	-0.08%
EPS (Basic)	0.06	0.08	0.08	0.09	0.09
EPS (Diluted)	0.06	0.08	0.08	0.09	0.09
EPS Growth	-20.07%	-3.71%	-2.35%	-4.49%	11.25%
Free Cash Flow	-	180.63	-36.01	-194.76	50.03
Free Cash Flow Per Share	-	0.09	-0.02	-0.09	0.02
Dividend Per Share	0.020	0.024	0.025	0.026	0.027
Dividend Growth	-16.67%	-4.00%	-3.85%	-3.70%	8.00%
Gross Margin	33.42%	37.40%	36.10%	35.77%	37.02%
Operating Margin	9.47%	12.15%	11.23%	9.71%	13.32%
Profit Margin	7.54%	10.12%	10.65%	10.94%	10.72%
Free Cash Flow Margin	-	10.90%	-2.20%	-11.88%	2.86%
EBITDA	208.44	241.59	234.88	208.15	276.27
EBITDA Margin	11.74%	14.58%	14.35%	12.70%	15.79%
D&A For EBITDA	40.23	40.23	51.09	49	43.24
EBIT	168.21	201.37	183.79	159.15	233.03
EBIT Margin	9.47%	12.15%	11.23%	9.71%	13.32%
Effective Tax Rate	15.42%	12.98%	8.91%	17.15%	13.58%

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