HKG:2232 Income Statement

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

Millions USD. 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	2,641	2,470	2,177	2,491	2,341
Revenue Growth (YoY)	6.95%	13.43%	-12.59%	6.39%	17.94%
Cost of Revenue	2,118	1,983	1,758	2,013	1,894
Gross Profit	523.57	486.22	419.53	477.62	447.61
Selling, General & Admin	227.32	220.6	200.99	226.99	232.85
Research & Development	34.56	32.44	32.4	34.36	31.06
Operating Expenses	257.14	256.3	231.35	259.49	264.58
Operating Income	266.43	229.93	188.18	218.13	183.03
Interest Expense	-12.48	-11.24	-13.32	-10.98	-7.42
Interest & Investment Income	-	23.02	18.27	4.41	1.23
Earnings From Equity Investments	0.85	-0.94	0.89	0.52	0.53
Other Non Operating Income (Expenses)	21.59	7.34	3.11	16.83	14.47
EBT Excluding Unusual Items	276.39	248.11	197.13	228.91	191.85
Merger & Restructuring Charges	-	-	-2.04	-14.85	-
Asset Writedown	2.13	-	-	-2.3	-
Other Unusual Items	-	-	-	0.93	-
Pretax Income	278.52	248.11	195.09	212.7	191.85
Income Tax Expense	53.68	47.28	30.96	39.47	28.56
Earnings From Continuing Operations	224.84	200.83	164.12	173.23	163.29
Minority Interest in Earnings	-0.18	-0.33	-0.64	-0.5	-0.19
Net Income	224.66	200.5	163.48	172.73	163.11
Net Income to Common	224.66	200.5	163.48	172.73	163.11
Net Income Growth	12.05%	22.64%	-5.35%	5.90%	50.91%
Shares Outstanding (Basic)	2,853	2,853	2,853	2,853	2,853
Shares Outstanding (Diluted)	2,853	2,853	2,853	2,853	2,853
EPS (Basic)	0.08	0.07	0.06	0.06	0.06
EPS (Diluted)	0.08	0.07	0.06	0.06	0.06
EPS Growth	12.05%	22.64%	-5.35%	5.90%	50.90%
Free Cash Flow	-	-3.25	269.05	257.4	124.46
Free Cash Flow Per Share	-	-0.00	0.09	0.09	0.04
Dividend Per Share	0.052	0.042	0.023	0.022	0.018
Dividend Growth	23.81%	82.28%	6.94%	21.75%	55.92%
Gross Margin	19.82%	19.69%	19.27%	19.17%	19.12%
Operating Margin	10.09%	9.31%	8.64%	8.76%	7.82%
Profit Margin	8.51%	8.12%	7.51%	6.93%	6.97%
Free Cash Flow Margin	-	-0.13%	12.36%	10.33%	5.32%
EBITDA	334.41	297.91	259.13	295.71	260.82
EBITDA Margin	12.66%	12.06%	11.90%	11.87%	11.14%
D&A For EBITDA	67.98	67.98	70.95	77.59	77.78
EBIT	266.43	229.93	188.18	218.13	183.03
EBIT Margin	10.09%	9.31%	8.64%	8.76%	7.82%
Effective Tax Rate	19.28%	19.06%	15.87%	18.56%	14.89%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.