HKG:1582 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	8,572	6,066	5,446	6,409	4,890
Revenue Growth (YoY)	41.32%	11.39%	-15.04%	31.07%	5.25%
Cost of Revenue	8,086	5,713	5,140	6,153	4,712
Gross Profit	486.17	353.23	305.99	256.5	177.8
Selling, General & Admin	183.56	162.55	173.04	150.42	130.5
Other Operating Expenses	1.24	0.18	0.51	12.79	4.51
Operating Expenses	364.3	208.7	180.3	163.22	135.01
Operating Income	121.87	144.53	125.69	93.28	42.79
Interest Expense	-54.2	-65.82	-52.65	-20.26	-11.72
Interest & Investment Income	0.3	1.37	1.93	2.8	0.11
Currency Exchange Gain (Loss)	-4.02	2.37	-1.94	0.04	-0.1
Other Non Operating Income (Expenses)	6.71	1.92	3.59	6.09	29.54
EBT Excluding Unusual Items	70.66	84.38	76.63	81.95	60.62
Gain (Loss) on Sale of Assets	-0.02	-0.59	0.61	-0.08	-
Asset Writedown	1.62	-8.94	-	-	-
Other Unusual Items	-	-	-0.04	-	0.36
Pretax Income	72.77	80.54	84.9	81.88	60.98
Income Tax Expense	30.61	26.59	12.68	8.94	12.42
Earnings From Continuing Operations	42.17	53.95	72.23	72.94	48.56
Minority Interest in Earnings	-2.95	-0.24	-0.34	-0.83	-
Net Income	39.22	53.72	71.89	72.11	48.56
Net Income to Common	39.22	53.72	71.89	72.11	48.56
Net Income Growth	-26.98%	-25.28%	-0.30%	48.48%	-45.52%
Shares Outstanding (Basic)	500	500	500	500	500
Shares Outstanding (Diluted)	500	500	500	500	500
EPS (Basic)	0.08	0.11	0.14	0.14	0.10
EPS (Diluted)	0.08	0.11	0.14	0.14	0.10
EPS Growth	-26.98%	-25.28%	-0.30%	48.48%	-45.52%
Free Cash Flow	-49.57	246.47	-106.95	19.5	-57.32
Free Cash Flow Per Share	-0.10	0.49	-0.21	0.04	-0.12
Dividend Per Share	-	0.033	0.033	0.043	0.043
Dividend Growth	-	-	-23.26%	-	-18.09%
Gross Margin	5.67%	5.82%	5.62%	4.00%	3.64%
Operating Margin	1.42%	2.38%	2.31%	1.46%	0.88%
Profit Margin	0.46%	0.89%	1.32%	1.13%	0.99%
Free Cash Flow Margin	-0.58%	4.06%	-1.96%	0.30%	-1.17%
EBITDA	134.24	156.81	136.73	106.14	50.4
EBITDA Margin	1.57%	2.58%	2.51%	1.66%	1.03%
D&A For EBITDA	12.37	12.28	11.03	12.86	7.62
EBIT	121.87	144.53	125.69	93.28	42.79
EBIT Margin	1.42%	2.38%	2.31%	1.46%	0.88%
Effective Tax Rate	42.06%	33.02%	14.93%	10.91%	20.36%

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