Best Pacific International Holdings Limited (HKG:2111)

HKG:2111 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	4,679	4,201	4,493	4,793	3,494	3,638
Revenue Growth (YoY)	13.55%	-6.50%	-6.26%	37.16%	-3.94%	13.23%
Cost of Revenue	3,432	3,197	3,643	3,681	2,651	2,765
Gross Profit	1,248	1,004	849.91	1,112	843.36	872.81
Selling, General & Admin	544.88	484.66	469.43	538.82	410.35	391.96
Research & Development	96	85.32	101.18	99.21	81.13	97.78
Operating Expenses	643.23	571.49	567.93	649.99	497.77	492.09
Operating Income	604.59	432.14	281.98	461.84	345.59	380.72
Interest Expense	-100.79	-116.22	-75.79	-61.73	-75.7	-90.82
Interest & Investment Income	13	15.49	16.04	21.85	8.24	7
Earnings From Equity Investments	3.28	2.49	2.54	3.91	1.98	2.81
Currency Exchange Gain (Loss)	13.11	17.04	57.86	1.73	-26.33	13.8
Other Non Operating Income (Expenses)	39.91	35.93	34.48	25.25	36.11	23.09
EBT Excluding Unusual Items	573.1	386.86	317.1	452.85	289.89	336.6
Gain (Loss) on Sale of Assets	-1.51	-1.51	-0.43	-0.14	0.07	0.04
Other Unusual Items	-	-	-	3.9	-	-
Pretax Income	571.58	385.35	316.67	456.62	289.97	336.65
Income Tax Expense	57.67	35.92	33.19	55.27	40.77	37.57
Earnings From Continuing Operations	513.91	349.42	283.48	401.35	249.19	299.08
Minority Interest in Earnings	-28.24	-2.5	15.72	0.45	8.58	1.65
Net Income	485.67	346.92	299.2	401.79	257.77	300.72
Net Income to Common	485.67	346.92	299.2	401.79	257.77	300.72
Net Income Growth	80.26%	15.95%	-25.53%	55.87%	-14.28%	6.06%
Shares Outstanding (Basic)	1,040	1,040	1,040	1,040	1,040	1,040
Shares Outstanding (Diluted)	1,040	1,040	1,040	1,040	1,040	1,040
Shares Change (YoY)	-	-	-	-	0.00%	0.09%
EPS (Basic)	0.47	0.33	0.29	0.39	0.25	0.29
EPS (Diluted)	0.47	0.33	0.29	0.39	0.25	0.29
EPS Growth	80.26%	15.95%	-25.53%	55.87%	-14.28%	5.97%
Free Cash Flow	612.16	724.31	407.56	298.07	515	-107.15
Free Cash Flow Per Share	0.59	0.70	0.39	0.29	0.50	-0.10
Dividend Per Share	0.247	0.167	0.115	0.193	0.074	0.058
Dividend Growth	159.56%	45.04%	-40.41%	160.81%	27.59%	-13.43%
Gross Margin	26.67%	23.89%	18.92%	23.20%	24.14%	23.99%
Operating Margin	12.92%	10.29%	6.28%	9.64%	9.89%	10.47%
Profit Margin	10.38%	8.26%	6.66%	8.38%	7.38%	8.27%
Free Cash Flow Margin	13.08%	17.24%	9.07%	6.22%	14.74%	-2.95%
EBITDA	1,086	759.87	609.09	795.82	654.32	642.87
EBITDA Margin	23.20%	18.09%	13.56%	16.60%	18.73%	17.67%
D&A For EBITDA	481	327.73	327.11	333.97	308.73	262.15
EBIT	604.59	432.14	281.98	461.84	345.59	380.72
EBIT Margin	12.92%	10.29%	6.28%	9.64%	9.89%	10.47%
Effective Tax Rate	10.09%	9.32%	10.48%	12.10%	14.06%	11.16%

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