HKG:1690 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	434.88	415.33	323.31	401.92	261.38	132.27
Revenue Growth (YoY)	57.78%	28.46%	-19.56%	53.77%	97.61%	-13.81%
Cost of Revenue	411.34	392.28	296.72	376.21	234.17	124.11
Gross Profit	23.53	23.06	26.59	25.72	27.21	8.16
Selling, General & Admin	22.45	22.3	18.88	20.01	17.36	15.32
Amortization of Goodwill & Intangibles	0.06	0.06	0.06	0.06	0.01	-
Operating Expenses	22.9	22.75	18.66	19.78	19.35	14.79
Operating Income	0.63	0.3	7.93	5.94	7.87	-6.63
Interest Expense	-0.02	-0.02	-0.06	-0.37	-	-0
Other Non Operating Income (Expenses)	0.77	2.26	1.2	0.23	1.02	0.32
EBT Excluding Unusual Items	1.38	2.54	9.07	5.8	8.88	-6.31
Other Unusual Items	-	-	-	2.86	-	4.54
Pretax Income	1.38	2.54	9.07	8.66	8.88	-1.78
Income Tax Expense	0.21	0.47	1.65	-2.24	-1.83	-0.01
Net Income	1.18	2.07	7.42	10.91	10.71	-1.76
Net Income to Common	1.18	2.07	7.42	10.91	10.71	-1.76
Net Income Growth	-79.47%	-72.09%	-31.93%	1.85%	-	-
Shares Outstanding (Basic)	1,461	1,487	1,528	1,530	1,474	1,330
Shares Outstanding (Diluted)	1,461	1,487	1,528	1,530	1,474	1,330
Shares Change (YoY)	-3.79%	-2.69%	-0.15%	3.82%	10.80%	1.45%
EPS (Basic)	0.00	0.00	0.00	0.01	0.01	-0.00
EPS (Diluted)	0.00	0.00	0.00	0.01	0.01	-0.00
EPS Growth	-78.67%	-71.33%	-31.83%	-1.90%	-	-
Free Cash Flow	17.02	13.02	36.43	-39.04	-26.24	-6.79
Free Cash Flow Per Share	0.01	0.01	0.02	-0.03	-0.02	-0.01
Dividend Per Share	0.010	0.010	-	-	-	-
Gross Margin	5.41%	5.55%	8.22%	6.40%	10.41%	6.17%
Operating Margin	0.14%	0.07%	2.45%	1.48%	3.01%	-5.01%
Profit Margin	0.27%	0.50%	2.30%	2.71%	4.10%	-1.33%
Free Cash Flow Margin	3.91%	3.14%	11.27%	-9.71%	-10.04%	-5.13%
EBITDA	3.44	2.96	10.36	7.68	8.67	-6.07
EBITDA Margin	0.79%	0.71%	3.20%	1.91%	3.32%	-4.59%
D&A For EBITDA	2.8	2.66	2.43	1.74	0.81	0.57
EBIT	0.63	0.3	7.93	5.94	7.87	-6.63
EBIT Margin	0.14%	0.07%	2.45%	1.48%	3.01%	-5.01%
Effective Tax Rate	14.98%	18.36%	18.14%	-	-	-

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