HKG:1997 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
Rental Revenue	12,815	12,912	13,306	12,459	16,043
Total Revenue	12,815	12,912	13,306	12,459	16,043
Revenue Growth (YoY	-0.75%	-2.96%	6.80%	-22.34%	3.40%
Property Expenses	2,781	2,572	2,622	2,481	5,338
Selling, General & Administrative	465	425	461	860	1,311
Depreciation & Amortization	220	224	230	277	330
Total Operating Expenses	3,466	3,221	3,313	3,618	6,979
Operating Income	9,349	9,691	9,993	8,841	9,064
Interest Expense	-1,286	-1,728	-2,098	-1,775	-662
Income (Loss) on Equity Investments	-144	-256	-168	-68	-125
Currency Exchange Gain (Loss)	-257	74	-233	378	40
Other Non-Operating Income	-73	-63	-72	39	-9
EBT Excluding Unusual Items	7,589	7,718	7,422	7,415	8,308
Asset Writedown	-10,681	-5,665	-1,640	-14,990	-2,270
Pretax Income	-3,092	2,053	5,782	-7,575	6,038
Income Tax Expense	1,259	1,178	1,138	1,368	1,599
Earnings From Continuing Operations	-4,351	875	4,644	-8,943	4,439
Minority Interest in Earnings	94	16	122	87	-48
Net Income	-4,257	891	4,766	-8,856	4,391
Net Income to Common	-4,257	891	4,766	-8,856	4,391
Net Income Growth	-	-81.31%	-	-	-
Basic Shares Outstanding	3,036	3,036	3,036	3,036	3,036
Diluted Shares Outstanding	3,036	3,036	3,036	3,036	3,036
EPS (Basic)	-1.40	0.29	1.57	-2.92	1.45
EPS (Diluted)	-1.40	0.29	1.57	-2.92	1.45
EPS Growth	-	-81.31%	-	-	-
Dividend Per Share	1.320	1.240	1.280	1.310	1.310
Dividend Growth	6.45%	-3.13%	-2.29%	-	-10.88%
Operating Margin	72.95%	75.05%	75.10%	70.96%	56.50%
Profit Margin	-33.22%	6.90%	35.82%	-71.08%	27.37%
EBITDA	9,573	9,915	10,223	9,121	9,394
EBITDA Margin	74.70%	76.79%	76.83%	73.21%	58.55%
D&A For Ebitda	224	224	230	280	330
EBIT	9,349	9,691	9,993	8,841	9,064
EBIT Margin	72.95%	75.05%	75.10%	70.96%	56.50%
Effective Tax Rate	-	57.38%	19.68%	-	26.48%

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