CNNC International 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	2,490	1,841	580.96	905.73	280.64
Revenue Growth (YoY)	35.22%	216.95%	-35.86%	222.74%	-83.12%
Cost of Revenue	2,218	1,607	453.91	802.94	260.03
Gross Profit	271.59	234.16	127.05	102.79	20.61
Selling, General & Admin	49.48	49.38	32.81	32.78	26.89
Operating Expenses	49.48	49.38	32.81	32.78	26.89
Operating Income	222.11	184.77	94.25	70.01	-6.28
Interest Expense	-0.22	-21.73	-14.04	-8.6	-9.83
Interest & Investment Income	11.85	8.35	2.63	1.54	0.83
Earnings From Equity Investments	-	31.95	32.17	25.08	15.07
Currency Exchange Gain (Loss)	-9.53	-4.74	1.44	-2.34	0.89
Other Non Operating Income (Expenses)	5.65	4.53	4.27	2.4	2.42
EBT Excluding Unusual Items	229.85	203.14	120.71	88.09	3.08
Gain (Loss) on Sale of Investments	-	-	2.4	-	-
Gain (Loss) on Sale of Assets	-	23.41	-	-	-
Pretax Income	229.85	226.55	123.12	88.09	3.08
Income Tax Expense	37.47	31.55	16.8	7.25	2.46
Earnings From Continuing Operations	192.38	195	106.32	80.84	0.62
Earnings From Discontinued Operations	-	-	-	-	1.77
Net Income	192.38	195	106.32	80.84	2.39
Net Income to Common	192.38	195	106.32	80.84	2.39
Net Income Growth	-1.34%	83.42%	31.51%	3283.97%	-
Shares Outstanding (Basic)	489	489	489	489	489
Shares Outstanding (Diluted)	489	489	489	489	489
EPS (Basic)	0.39	0.40	0.22	0.17	0.00
EPS (Diluted)	0.39	0.40	0.22	0.17	0.00
EPS Growth	-1.34%	83.42%	31.51%	3284.52%	-
Free Cash Flow	-	139.33	72.94	7.25	30.67
Free Cash Flow Per Share	-	0.28	0.15	0.01	0.06
Gross Margin	10.91%	12.72%	21.87%	11.35%	7.34%
Operating Margin	8.92%	10.04%	16.22%	7.73%	-2.24%
Profit Margin	7.73%	10.59%	18.30%	8.93%	0.85%
Free Cash Flow Margin	-	7.57%	12.55%	0.80%	10.93%
EBITDA	222.36	185.02	94.39	70.18	-6.19
EBITDA Margin	8.93%	10.05%	16.25%	7.75%	-2.21%
D&A For EBITDA	0.25	0.25	0.14	0.17	0.1
EBIT	222.11	184.77	94.25	70.01	-6.28
EBIT Margin	8.92%	10.04%	16.22%	7.73%	-2.24%
Effective Tax Rate	16.30%	13.93%	13.65%	8.23%	79.80%

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