HKG:2078 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	359.78	917.18	1,037	1,611	1,855
Revenue Growth (YoY)	-60.77%	-11.53%	-35.66%	-13.13%	2.04%
Cost of Revenue	337.27	752.94	872.89	1,388	1,704
Gross Profit	22.51	164.24	163.78	223.03	150.97
Selling, General & Admin	135.79	173.78	227.56	360.18	326.82
Operating Expenses	146.25	170.8	204.92	334.48	477.56
Operating Income	-123.74	-6.56	-41.14	-111.45	-326.59
Interest Expense	-	-9.61	-13.06	-22.64	-44.31
Interest & Investment Income	2	16.76	3.47	0.66	1.5
Currency Exchange Gain (Loss)	3.35	0.13	0.03	3.61	-9.39
Other Non Operating Income (Expenses)	7.2	8.14	43.56	64.66	28.18
EBT Excluding Unusual Items	-111.18	8.87	-7.14	-65.16	-350.61
Gain (Loss) on Sale of Assets	1.09	-	9.74	-	2.02
Asset Writedown	-	-	-	-	-10.06
Other Unusual Items	3.41	-0	0.04	0.14	0.59
Pretax Income	-106.69	8.87	2.64	-65.02	-358.06
Income Tax Expense	-47.56	-19.21	-24.66	-13.41	-17.34
Earnings From Continuing Operations	-59.13	28.08	27.3	-51.61	-340.73
Earnings From Discontinued Operations	-	-	0.86	-53.01	-
Net Income to Company	-59.13	28.08	28.16	-104.62	-340.73
Net Income	-59.13	28.08	28.16	-104.62	-340.73
Net Income to Common	-59.13	28.08	28.16	-104.62	-340.73
Net Income Growth	-	-0.29%	-	-	-
Shares Outstanding (Basic)	1,199	1,199	1,199	1,199	1,199
Shares Outstanding (Diluted)	1,199	1,199	1,199	1,199	1,199
EPS (Basic)	-0.05	0.02	0.02	-0.09	-0.28
EPS (Diluted)	-0.05	0.02	0.02	-0.09	-0.28
EPS Growth	-	-0.29%	-	-	-
Free Cash Flow	-	37.91	222.96	142.7	-390.71
Free Cash Flow Per Share	-	0.03	0.19	0.12	-0.33
Gross Margin	6.26%	17.91%	15.80%	13.84%	8.14%
Operating Margin	-34.39%	-0.71%	-3.97%	-6.92%	-17.61%
Profit Margin	-16.43%	3.06%	2.72%	-6.49%	-18.37%
Free Cash Flow Margin	-	4.13%	21.51%	8.86%	-21.07%
EBITDA	-65.34	51.85	22.32	-27.6	-228.75
EBITDA Margin	-18.16%	5.65%	2.15%	-1.71%	-12.33%
D&A For EBITDA	58.4	58.4	63.46	83.85	97.83
EBIT	-123.74	-6.56	-41.14	-111.45	-326.59
EBIT Margin	-34.39%	-0.71%	-3.97%	-6.92%	-17.61%

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