Ten Pao Group Holdings Limited (HKG:1979)

Ten Pao Group Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,863	5,386	4,823	5,481	6,363	4,489
Revenue Growth (YoY)	18.32%	11.66%	-12.00%	-13.85%	41.75%	23.44%
Cost of Revenue	4,790	4,338	3,916	4,566	5,302	3,661
Gross Profit	1,073	1,048	907.2	915.78	1,060	827.34
Selling, General & Admin	633.69	654.54	584.21	597.2	631.41	431.25
Other Operating Expenses	-46.31	-48.15	-57.41	-53.01	-65.54	-25.11
Operating Expenses	597.69	616.7	527.22	545.22	567.67	407.52
Operating Income	475.27	431.45	379.99	370.56	492.66	419.82
Interest Expense	-13.61	-8.67	-10.85	-14.56	-7.49	-7.21
Interest & Investment Income	16.09	17.1	7.28	2.07	2.98	0.58
Currency Exchange Gain (Loss)	17.21	12.39	15.86	12.52	-27.89	-32.92
EBT Excluding Unusual Items	494.96	452.27	392.27	370.59	460.26	380.28
Gain (Loss) on Sale of Investments	9.53	8.76	7.11	-5.25	0.08	0.09
Gain (Loss) on Sale of Assets	-0.56	-3.19	1.82	-1.75	-0.95	-2.74
Asset Writedown	-30.59	-30.79	-13.32	-11.82	-2.41	-3.81
Pretax Income	473.33	427.05	387.88	351.78	456.98	373.82
Income Tax Expense	52.9	43.46	59.68	55.25	68.46	85.19
Earnings From Continuing Operations	420.43	383.59	328.2	296.53	388.52	288.63
Minority Interest in Earnings	-0.71	0.3	0.65	0.37	-9.9	0.43
Net Income	419.72	383.9	328.86	296.9	378.62	289.06
Net Income to Common	419.72	383.9	328.86	296.9	378.62	289.06
Net Income Growth	14.06%	16.74%	10.76%	-21.58%	30.98%	63.54%
Shares Outstanding (Basic)	1,030	1,030	1,030	1,012	1,000	1,000
Shares Outstanding (Diluted)	1,030	1,030	1,030	1,012	1,000	1,000
Shares Change (YoY)	-	-	1.83%	1.14%	-	-
EPS (Basic)	0.41	0.37	0.32	0.29	0.38	0.29
EPS (Diluted)	0.41	0.37	0.32	0.29	0.38	0.29
EPS Growth	14.06%	16.74%	8.77%	-22.47%	30.98%	63.54%
Free Cash Flow	219.53	425.42	178.16	402.97	-338.51	389.43
Free Cash Flow Per Share	0.21	0.41	0.17	0.40	-0.34	0.39
Dividend Per Share	0.122	0.112	0.124	0.061	0.113	0.085
Dividend Growth	-17.57%	-9.68%	103.28%	-46.02%	32.94%	60.38%
Gross Margin	18.30%	19.46%	18.81%	16.71%	16.66%	18.43%
Operating Margin	8.11%	8.01%	7.88%	6.76%	7.74%	9.35%
Profit Margin	7.16%	7.13%	6.82%	5.42%	5.95%	6.44%
Free Cash Flow Margin	3.74%	7.90%	3.69%	7.35%	-5.32%	8.68%
EBITDA	591.59	568.49	532.89	512.55	608.6	504.8
EBITDA Margin	10.09%	10.55%	11.05%	9.35%	9.56%	11.25%
D&A For EBITDA	116.32	137.04	152.91	141.99	115.95	84.98
EBIT	475.27	431.45	379.99	370.56	492.66	419.82
EBIT Margin	8.11%	8.01%	7.88%	6.76%	7.74%	9.35%
Effective Tax Rate	11.18%	10.18%	15.38%	15.71%	14.98%	22.79%
Advertising Expenses	-	-	-	-	-	4.22

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