HKG:1803 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	190.6	169.65	62.39	68.57	218.72
Revenue Growth (YoY)	12.34%	171.93%	-9.02%	-68.65%	80.94%
Cost of Revenue	165.48	143.23	57.63	54.4	162.52
Gross Profit	25.11	26.43	4.76	14.17	56.21
Selling, General & Admin	65.24	66.68	56.65	51.61	54.62
Other Operating Expenses	0.28	0.01	0.09	2.23	1.91
Operating Expenses	61.28	76.49	63.79	72.48	78.12
Operating Income	-36.17	-50.06	-59.04	-58.31	-21.91
Interest Expense	-2.26	-1.67	-1.73	-2.39	-3.11
Interest & Investment Income	4.2	6.2	5.81	7.18	8.99
Earnings From Equity Investments	-0.27	-0.06	-	-0.05	-0.03
Currency Exchange Gain (Loss)	-0.16	0.25	-0.33	0.14	10.17
Other Non Operating Income (Expenses)	2.43	3.81	2.23	5.15	3.23
EBT Excluding Unusual Items	-32.23	-41.53	-53.05	-48.29	-2.66
Impairment of Goodwill	-	-	-	-29.14	-
Gain (Loss) on Sale of Investments	-0.88	2.33	-9.99	-8.25	-37.83
Gain (Loss) on Sale of Assets	-0.01	-0.01	5.05	1.23	1.29
Asset Writedown	-	-	-2.92	-4.55	-
Other Unusual Items	-	3.09	-	-	-
Pretax Income	-33.12	-36.12	-60.91	-89	-39.2
Income Tax Expense	3.89	-0.83	4.19	-0.68	2.37
Earnings From Continuing Operations	-37	-35.3	-65.1	-88.32	-41.57
Minority Interest in Earnings	12.32	12.45	16.08	21.69	2.76
Net Income	-24.69	-22.85	-49.02	-66.63	-38.8
Net Income to Common	-24.69	-22.85	-49.02	-66.63	-38.8
Shares Outstanding (Basic)	1,408	1,408	1,408	1,408	1,396
Shares Outstanding (Diluted)	1,408	1,408	1,408	1,408	1,396
Shares Change (YoY)	-	-	-	0.86%	7.22%
EPS (Basic)	-0.02	-0.02	-0.03	-0.05	-0.03
EPS (Diluted)	-0.02	-0.02	-0.03	-0.05	-0.03
Free Cash Flow	-	-30.19	-4.41	-71.08	2.35
Free Cash Flow Per Share	-	-0.02	-0.00	-0.05	0.00
Gross Margin	13.18%	15.58%	7.62%	20.67%	25.70%
Operating Margin	-18.98%	-29.51%	-94.63%	-85.04%	-10.02%
Profit Margin	-12.95%	-13.47%	-78.58%	-97.17%	-17.74%
Free Cash Flow Margin	-	-17.79%	-7.06%	-103.66%	1.07%
EBITDA	-29.4	-43.29	-50.72	-51.15	-14.24
EBITDA Margin	-15.43%	-25.52%	-81.29%	-74.60%	-6.51%
D&A For EBITDA	6.77	6.77	8.32	7.16	7.68
EBIT	-36.17	-50.06	-59.04	-58.31	-21.91
EBIT Margin	-18.98%	-29.51%	-94.63%	-85.04%	-10.02%

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