HKG:1788 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
Interest and Dividend Income	-	2,336	1,821	1,897	2,281
Total Interest Expense	2,376	2,250	1,337	501.05	563.07
Net Interest Income	-2,376	86.21	483.97	1,396	1,717
Brokerage Commission	6,230	512.3	436.78	481.27	805.98
Trading & Principal Transactions	-	1,236	717.64	-447.91	59.8
Asset Management Fee	-	-	-	25.57	106.02
Underwriting & Investment Banking Fee	-	303.06	186.97	279.91	597.75
Other Revenue	-17.89	40.11	67.95	92.08	121.61
Revenue Before Loan Losses	3,836	2,178	1,893	1,827	3,409
Provision for Loan Losses	-	12.2	23.98	162.69	198.3
Revenue	3,836	2,165	1,869	1,664	3,210
Revenue Growth (YoY)	77.15%	15.83%	12.35%	-48.17%	-14.59%
Salaries & Employee Benefits	1,005	794.8	781.34	721.5	803.43
Cost of Services Provided	242.58	167.54	122.54	134.12	224.6
Other Operating Expenses	767.25	559.66	494.95	536.61	581.91
Total Operating Expenses	2,088	1,610	1,521	1,478	1,706
Operating Income	1,747	554.93	348.11	185.42	1,504
Other Non-Operating Income (Expenses)	-	-180.6	-158.22	-175.61	-211.79
EBT Excluding Unusual Items	1,747	374.33	189.89	9.81	1,292
Asset Writedown	-24.54	-	-	-	-
Gain (Loss) on Sale of Investments	-	-7.7	1.52	16.85	-4.84
Pretax Income	1,723	366.63	191.42	26.66	1,288
Income Tax Expense	376.1	15.93	-14.69	-56.39	184.37
Earnings From Continuing Ops.	1,347	350.7	206.11	83.04	1,103
Minority Interest in Earnings	-1.37	-2.91	-4.84	-2.66	-8.53
Net Income	1,345	347.78	201.26	80.38	1,095
Net Income to Common	1,345	347.78	201.26	80.38	1,095
Net Income Growth	286.84%	72.80%	150.38%	-92.66%	-29.94%
Shares Outstanding (Basic)	9,542	9,548	9,554	9,554	9,605
Shares Outstanding (Diluted)	9,542	9,548	9,554	9,554	9,610
Shares Change (YoY)	-0.07%	-0.06%	-	-0.58%	3.50%
EPS (Basic)	0.14	0.04	0.02	0.01	0.11
EPS (Diluted)	0.14	0.04	0.02	0.01	0.11
EPS Growth	291.68%	71.42%	162.50%	-92.98%	-32.16%
Free Cash Flow	-	1,735	-4,939	1,624	5,836
Free Cash Flow Per Share	-	0.18	-0.52	0.17	0.61
Dividend Per Share	-	0.032	0.020	0.010	0.060
Dividend Growth	-	60.00%	100.00%	-83.33%	-29.41%
Operating Margin	45.55%	25.63%	18.62%	11.14%	46.86%
Profit Margin	35.07%	16.06%	10.77%	4.83%	34.10%
Free Cash Flow Margin	-	80.14%	-264.22%	97.60%	181.79%
Effective Tax Rate	21.83%	4.35%	-	-	14.32%
Revenue as Reported	6,212	4,427	3,230	2,328	3,972

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