Kin Pang Holdings Limited (HKG:1722)

Kin Pang Holdings Income Statement

Financials in millions MOP. 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
Revenue	637.12	675.23	582.93	598.82	958.96
Revenue Growth (YoY)	-5.64%	15.83%	-2.65%	-37.55%	38.11%
Cost of Revenue	626.9	668.2	572.6	575.07	949.76
Gross Profit	10.22	7.03	10.33	23.75	9.2
Selling, General & Admin	30.62	30.99	29.8	30.58	27.42
Other Operating Expenses	-3.76	-4.22	-2.49	-1.88	-0.32
Operating Expenses	26.94	25.68	33.09	29.6	28.56
Operating Income	-16.72	-18.65	-22.76	-5.85	-19.37
Interest Expense	-4.39	-3.97	-6.18	-5.16	-2.53
Interest & Investment Income	0.57	0.63	0.93	0.25	0.7
Earnings From Equity Investments	-0.01	-	-0.03	-0.03	-
Other Non Operating Income (Expenses)	-	-	-0.88	-	-
EBT Excluding Unusual Items	-20.54	-21.99	-28.92	-10.79	-21.2
Gain (Loss) on Sale of Assets	0.1	-0.05	-0.04	-0.12	-
Other Unusual Items	-	0	-4.47	1.31	-
Pretax Income	-20.45	-22.04	-33.43	-9.6	-21.2
Income Tax Expense	-0.67	-4.35	0.69	2.04	-0.42
Net Income	-19.78	-17.69	-34.12	-11.64	-20.78
Net Income to Common	-19.78	-17.69	-34.12	-11.64	-20.78
Shares Outstanding (Basic)	1,100	1,100	1,092	1,000	1,000
Shares Outstanding (Diluted)	1,100	1,100	1,092	1,000	1,000
Shares Change (YoY)	-	0.73%	9.20%	-	-
EPS (Basic)	-0.02	-0.02	-0.03	-0.01	-0.02
EPS (Diluted)	-0.02	-0.02	-0.03	-0.01	-0.02
Free Cash Flow	-	-40.19	33.8	33.7	-110.89
Free Cash Flow Per Share	-	-0.04	0.03	0.03	-0.11
Gross Margin	1.60%	1.04%	1.77%	3.97%	0.96%
Operating Margin	-2.62%	-2.76%	-3.90%	-0.98%	-2.02%
Profit Margin	-3.10%	-2.62%	-5.85%	-1.94%	-2.17%
Free Cash Flow Margin	-	-5.95%	5.80%	5.63%	-11.56%
EBITDA	6.76	4.83	-4.07	9.21	-8.72
EBITDA Margin	1.06%	0.71%	-0.70%	1.54%	-0.91%
D&A For EBITDA	23.48	23.48	18.69	15.06	10.65
EBIT	-16.72	-18.65	-22.76	-5.85	-19.37
EBIT Margin	-2.62%	-2.76%	-3.90%	-0.98%	-2.02%

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