HKG:2119 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	752.11	721.12	728.93	695.94	766.79	638.51
Revenue Growth (YoY)	4.61%	-1.07%	4.74%	-9.24%	20.09%	-18.66%
Cost of Revenue	515.88	476.24	489.43	462.89	469.55	376.99
Gross Profit	236.23	244.88	239.5	233.04	297.25	261.52
Selling, General & Admin	178.05	182.75	182.16	183.67	195.78	181.48
Other Operating Expenses	-10.82	1.15	1.59	2.25	0.51	0.94
Operating Expenses	168.14	184.95	184.11	186.1	197.01	183.71
Operating Income	68.09	59.93	55.39	46.95	100.24	77.81
Interest Expense	-1.79	-1.78	-1.04	-0.89	-0.86	-1.44
Interest & Investment Income	4.67	5.24	5.29	2.45	1.77	3.69
Currency Exchange Gain (Loss)	0.4	-1.43	-0.59	2.4	-0.99	0.06
Other Non Operating Income (Expenses)	0.33	0.46	0.65	1.74	0.37	0.34
EBT Excluding Unusual Items	71.7	62.42	59.7	52.64	100.52	80.46
Gain (Loss) on Sale of Assets	-12.99	11.62	-0.7	-0.07	0.08	-0.08
Other Unusual Items	-	-	-	4.67	-	11.41
Pretax Income	58.7	74.04	59	57.24	100.6	91.78
Income Tax Expense	10.9	14.95	10.29	9.82	20.35	14.98
Earnings From Continuing Operations	47.81	59.09	48.71	47.42	80.24	76.8
Net Income to Company	47.81	59.09	48.71	47.42	80.24	76.8
Net Income	47.81	59.09	48.71	47.42	80.24	76.8
Net Income to Common	47.81	59.09	48.71	47.42	80.24	76.8
Net Income Growth	-23.83%	21.31%	2.71%	-40.90%	4.49%	1.75%
Shares Outstanding (Basic)	721	721	721	721	721	744
Shares Outstanding (Diluted)	721	721	721	721	721	745
Shares Change (YoY)	-	-	-	0.00%	-3.26%	-2.52%
EPS (Basic)	0.07	0.08	0.07	0.07	0.11	0.10
EPS (Diluted)	0.07	0.08	0.07	0.07	0.11	0.10
EPS Growth	-23.83%	21.31%	2.71%	-40.88%	7.95%	4.41%
Free Cash Flow	-5.61	49.04	105.57	-34.53	66.38	78.14
Free Cash Flow Per Share	-0.01	0.07	0.15	-0.05	0.09	0.10
Dividend Per Share	0.041	0.049	0.041	0.040	0.067	0.056
Dividend Growth	-18.47%	21.18%	2.79%	-40.96%	19.89%	-4.61%
Gross Margin	31.41%	33.96%	32.86%	33.49%	38.77%	40.96%
Operating Margin	9.05%	8.31%	7.60%	6.75%	13.07%	12.19%
Profit Margin	6.36%	8.19%	6.68%	6.81%	10.46%	12.03%
Free Cash Flow Margin	-0.75%	6.80%	14.48%	-4.96%	8.66%	12.24%
EBITDA	92.44	85.28	81.88	73.82	125.94	101.7
EBITDA Margin	12.29%	11.83%	11.23%	10.61%	16.42%	15.93%
D&A For EBITDA	24.35	25.35	26.49	26.87	25.7	23.89
EBIT	68.09	59.93	55.39	46.95	100.24	77.81
EBIT Margin	9.05%	8.31%	7.60%	6.75%	13.07%	12.19%
Effective Tax Rate	18.56%	20.19%	17.44%	17.15%	20.23%	16.32%

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