HKG:2339 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	2,968	2,775	2,709	2,478	2,602
Revenue Growth (YoY)	6.97%	2.43%	9.30%	-4.75%	12.54%
Cost of Revenue	2,630	2,316	2,310	2,044	2,190
Gross Profit	337.89	458.26	398.72	434.09	411.79
Selling, General & Admin	224.01	206.5	214.89	204.89	173.13
Research & Development	169.24	392.89	275.55	237.44	246.14
Other Operating Expenses	-15.07	2.5	0.45	6.07	0.73
Operating Expenses	374.39	602.39	492.95	448.26	421
Operating Income	-36.5	-144.14	-94.23	-14.17	-9.21
Interest Expense	-7.93	-7.54	-8.26	-15.05	-18.36
Interest & Investment Income	0.23	0.58	0.14	0.32	0.15
Currency Exchange Gain (Loss)	18.07	-8.59	-26.41	17.01	7.58
Other Non Operating Income (Expenses)	-	37.66	30.49	23.54	26.79
EBT Excluding Unusual Items	-26.13	-122.02	-98.28	11.65	6.95
Impairment of Goodwill	-	-	-	-3.74	-
Gain (Loss) on Sale of Assets	-6	4.26	10.74	5.48	6.11
Asset Writedown	-	-	-	-3.21	-
Pretax Income	-32.12	-117.76	-87.54	10.17	13.06
Income Tax Expense	9.78	10.21	-32.22	15.06	22.36
Earnings From Continuing Operations	-41.91	-127.97	-55.32	-4.89	-9.31
Net Income	-41.91	-127.97	-55.32	-4.89	-9.31
Net Income to Common	-41.91	-127.97	-55.32	-4.89	-9.31
Shares Outstanding (Basic)	862	622	574	574	574
Shares Outstanding (Diluted)	862	622	574	574	574
Shares Change (YoY)	38.46%	8.33%	-	-	-
EPS (Basic)	-0.05	-0.21	-0.10	-0.01	-0.02
EPS (Diluted)	-0.05	-0.21	-0.10	-0.01	-0.02
Free Cash Flow	-	-17.77	21.94	58.92	-120.58
Free Cash Flow Per Share	-	-0.03	0.04	0.10	-0.21
Gross Margin	11.38%	16.52%	14.72%	17.52%	15.83%
Operating Margin	-1.23%	-5.20%	-3.48%	-0.57%	-0.35%
Profit Margin	-1.41%	-4.61%	-2.04%	-0.20%	-0.36%
Free Cash Flow Margin	-	-0.64%	0.81%	2.38%	-4.63%
EBITDA	32.98	-74.66	-26	53.1	65.61
EBITDA Margin	1.11%	-2.69%	-0.96%	2.14%	2.52%
D&A For EBITDA	69.48	69.48	68.24	67.27	74.81
EBIT	-36.5	-144.14	-94.23	-14.17	-9.21
EBIT Margin	-1.23%	-5.20%	-3.48%	-0.57%	-0.35%
Effective Tax Rate	-	-	-	148.03%	171.26%

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