HKG:1888 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	20,400	18,541	16,750	22,364	28,800
Revenue Growth (YoY)	10.03%	10.69%	-25.10%	-22.35%	66.46%
Cost of Revenue	16,409	15,263	14,073	17,274	19,004
Gross Profit	3,991	3,278	2,677	5,089	9,796
Selling, General & Admin	1,289	1,192	1,218	1,457	1,454
Operating Expenses	1,289	1,275	1,218	1,644	1,454
Operating Income	2,702	2,003	1,459	3,446	8,342
Interest Expense	-161.24	-255.17	-273.69	-130.39	-80.67
Interest & Investment Income	14.09	22.78	35.64	31.2	22.39
Other Non Operating Income (Expenses)	63.65	66.17	65.42	83.55	83.28
EBT Excluding Unusual Items	2,618	1,837	1,286	3,430	8,367
Gain (Loss) on Sale of Investments	503.54	-79.28	-57.78	-24.78	40.74
Gain (Loss) on Sale of Assets	-9.9	0.58	-0.64	-1.82	-20.75
Asset Writedown	-52.11	-22.94	-34.87	-45.57	-
Pretax Income	3,060	1,735	1,193	3,358	8,387
Income Tax Expense	617.52	405.24	284.28	1,448	1,603
Earnings From Continuing Operations	2,442	1,330	908.64	1,909	6,783
Minority Interest in Earnings	0.03	-4.03	-1.24	-0.22	-1.82
Net Income	2,442	1,326	907.4	1,909	6,782
Net Income to Common	2,442	1,326	907.4	1,909	6,782
Net Income Growth	84.16%	46.14%	-52.47%	-71.85%	141.95%
Shares Outstanding (Basic)	3,122	3,120	3,120	3,120	3,120
Shares Outstanding (Diluted)	3,132	3,120	3,120	3,120	3,120
Shares Change (YoY)	0.38%	-	-	-	0.88%
EPS (Basic)	0.78	0.43	0.29	0.61	2.17
EPS (Diluted)	0.78	0.42	0.29	0.61	2.17
EPS Growth	83.53%	46.13%	-52.47%	-71.85%	139.91%
Free Cash Flow	-	1,934	222.94	3,885	4,394
Free Cash Flow Per Share	-	0.62	0.07	1.25	1.41
Dividend Per Share	0.400	0.320	0.160	0.350	1.500
Dividend Growth	25.00%	100.00%	-54.29%	-76.67%	233.33%
Gross Margin	19.56%	17.68%	15.98%	22.76%	34.01%
Operating Margin	13.24%	10.80%	8.71%	15.41%	28.97%
Profit Margin	11.97%	7.15%	5.42%	8.54%	23.55%
Free Cash Flow Margin	-	10.43%	1.33%	17.37%	15.26%
EBITDA	3,635	2,936	2,345	4,227	9,060
EBITDA Margin	17.82%	15.84%	14.00%	18.90%	31.46%
D&A For EBITDA	933.16	933.16	886.07	781.49	717.91
EBIT	2,702	2,003	1,459	3,446	8,342
EBIT Margin	13.24%	10.80%	8.71%	15.41%	28.97%
Effective Tax Rate	20.18%	23.35%	23.83%	43.13%	19.12%

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