HKG:2307 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	3,686	3,824	3,604	4,106	4,389
Revenue Growth (YoY)	-3.62%	6.10%	-12.22%	-6.45%	14.70%
Cost of Revenue	3,305	3,402	3,309	3,752	3,830
Gross Profit	380.61	422.39	295.18	354.29	558.94
Selling, General & Admin	401.16	392.28	392.61	404.89	459.73
Other Operating Expenses	30.34	27.13	47.21	22.98	24.82
Operating Expenses	434.45	411.32	439.11	434.56	482.56
Operating Income	-53.84	11.08	-143.94	-80.27	76.38
Interest Expense	-38.99	-55.64	-90.87	-53.08	-32.61
Interest & Investment Income	4.88	6.61	28.02	6.58	2.42
Earnings From Equity Investments	-0.14	0.53	-0.31	-1.63	-0.14
Currency Exchange Gain (Loss)	-0.52	-1.66	52.3	44.96	-27.38
Other Non Operating Income (Expenses)	69.64	51.91	41.08	45.46	36.87
EBT Excluding Unusual Items	-18.96	12.83	-113.72	-37.97	55.54
Merger & Restructuring Charges	-26.13	-	-	-15	-
Gain (Loss) on Sale of Investments	-0.09	-0.02	-0.33	0.24	0.17
Gain (Loss) on Sale of Assets	-59.38	30.88	-13.64	-1.24	0.62
Asset Writedown	-4.67	-2.22	-	-	-
Other Unusual Items	-	-	2.7	0.13	0.39
Pretax Income	-109.23	41.47	-124.99	-53.84	56.71
Income Tax Expense	0.18	12.97	9.78	0.87	7.62
Earnings From Continuing Operations	-109.41	28.5	-134.77	-54.71	49.1
Minority Interest in Earnings	2.03	-0.34	1.86	-3.24	-3.11
Net Income	-107.38	28.16	-132.91	-57.96	45.99
Net Income to Common	-107.38	28.16	-132.91	-57.96	45.99
Shares Outstanding (Basic)	870	870	870	870	870
Shares Outstanding (Diluted)	870	870	870	870	870
EPS (Basic)	-0.12	0.03	-0.15	-0.07	0.05
EPS (Diluted)	-0.12	0.03	-0.15	-0.07	0.05
Free Cash Flow	64.31	83.72	70.22	578.36	-208.15
Free Cash Flow Per Share	0.07	0.10	0.08	0.67	-0.24
Dividend Per Share	-	0.007	-	-	0.013
Gross Margin	10.33%	11.04%	8.19%	8.63%	12.73%
Operating Margin	-1.46%	0.29%	-3.99%	-1.96%	1.74%
Profit Margin	-2.91%	0.74%	-3.69%	-1.41%	1.05%
Free Cash Flow Margin	1.75%	2.19%	1.95%	14.09%	-4.74%
EBITDA	120.65	214.13	101.94	199.09	373.35
EBITDA Margin	3.27%	5.60%	2.83%	4.85%	8.51%
D&A For EBITDA	174.5	203.05	245.88	279.36	296.97
EBIT	-53.84	11.08	-143.94	-80.27	76.38
EBIT Margin	-1.46%	0.29%	-3.99%	-1.96%	1.74%
Effective Tax Rate	-	31.29%	-	-	13.43%

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