CITIC Telecom International Holdings Limited (HKG: 1883)

CITIC Telecom International Holdings Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	9,550	9,987	10,111	9,486	8,923	9,014
Revenue Growth (YoY)	-8.70%	-1.23%	6.59%	6.31%	-1.01%	-4.75%
Cost of Revenue	6,102	6,101	6,075	5,637	5,101	6,009
Gross Profit	3,448	3,886	4,036	3,849	3,822	3,005
Selling, General & Admin	824	824	869	904	921	-
Other Operating Expenses	496	506	519	465	437	530
Operating Expenses	2,116	2,200	2,302	2,266	2,273	1,444
Operating Income	1,332	1,686	1,734	1,583	1,549	1,561
Interest Expense	-249	-263	-266	-260	-287	-324
Interest & Investment Income	69	71	22	13	14	11
Earnings From Equity Investments	-	1	-	1	-	-
Currency Exchange Gain (Loss)	25	-	-	-	-	-
Other Non Operating Income (Expenses)	-4	-4	-3	-10	-9	-17
EBT Excluding Unusual Items	1,173	1,491	1,487	1,327	1,267	1,231
Asset Writedown	8	14	9	28	-4	18
Pretax Income	1,181	1,505	1,496	1,355	1,263	1,249
Income Tax Expense	192	253	272	248	224	229
Earnings From Continuing Operations	989	1,252	1,224	1,107	1,039	1,020
Minority Interest in Earnings	-24	-21	-33	-31	-16	-18
Net Income	965	1,231	1,191	1,076	1,023	1,002
Net Income to Common	965	1,231	1,191	1,076	1,023	1,002
Net Income Growth	-27.99%	3.36%	10.69%	5.18%	2.10%	5.36%
Shares Outstanding (Basic)	3,701	3,698	3,687	3,677	3,663	3,638
Shares Outstanding (Diluted)	3,701	3,699	3,689	3,679	3,668	3,654
Shares Change (YoY)	0.18%	0.27%	0.27%	0.30%	0.38%	2.57%
EPS (Basic)	0.26	0.33	0.32	0.29	0.28	0.28
EPS (Diluted)	0.26	0.33	0.32	0.29	0.28	0.27
EPS Growth	-28.15%	3.06%	10.62%	4.66%	1.82%	2.62%
Free Cash Flow	1,210	1,570	2,400	1,862	1,754	1,935
Free Cash Flow Per Share	0.33	0.42	0.65	0.51	0.48	0.53
Dividend Per Share	0.253	0.253	0.245	0.225	0.210	0.200
Dividend Growth	3.27%	3.27%	8.89%	7.14%	5.00%	11.11%
Gross Margin	36.10%	38.91%	39.92%	40.58%	42.83%	33.34%
Operating Margin	13.95%	16.88%	17.15%	16.69%	17.36%	17.32%
Profit Margin	10.10%	12.33%	11.78%	11.34%	11.46%	11.12%
Free Cash Flow Margin	12.67%	15.72%	23.74%	19.63%	19.66%	21.47%
EBITDA	2,028	2,395	2,476	2,302	2,296	2,287
EBITDA Margin	21.23%	23.98%	24.49%	24.27%	25.73%	25.37%
D&A For EBITDA	695.5	709	742	719	747	726
EBIT	1,332	1,686	1,734	1,583	1,549	1,561
EBIT Margin	13.95%	16.88%	17.15%	16.69%	17.36%	17.32%
Effective Tax Rate	16.26%	16.81%	18.18%	18.30%	17.74%	18.33%

Source: S&P Capital IQ. Standard template. Financial Sources.