HKG:2342 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	4,571	4,528	5,982	6,365	5,870
Revenue Growth (YoY)	0.94%	-24.30%	-6.01%	8.43%	16.06%
Cost of Revenue	3,258	3,357	4,319	4,491	4,447
Gross Profit	1,313	1,171	1,663	1,874	1,423
Selling, General & Admin	739.76	1,026	1,075	1,059	1,199
Research & Development	331.74	409.44	446.06	515.8	608.94
Other Operating Expenses	206.34	282.84	101.44	179.58	407.29
Operating Expenses	1,293	1,808	1,702	1,755	2,215
Operating Income	20.5	-637.23	-39.09	118.84	-792.02
Interest Expense	-40.49	-31.26	-54.53	-60.2	-43.66
Interest & Investment Income	-	29.29	37.1	41.12	28.69
Earnings From Equity Investments	2.42	1.79	0.63	5.82	6.97
Currency Exchange Gain (Loss)	-	36.13	17.7	37.81	-
Other Non Operating Income (Expenses)	127.07	57.64	116.12	156.96	129.85
EBT Excluding Unusual Items	109.5	-543.65	77.92	300.35	-670.17
Impairment of Goodwill	-	-	-9.86	-	-10.3
Gain (Loss) on Sale of Investments	-	4.93	-13.39	-3.29	16.9
Gain (Loss) on Sale of Assets	-	-	-	-	7.12
Pretax Income	109.5	-538.72	54.66	297.05	-656.46
Income Tax Expense	44.76	14.86	39.05	153.56	16.1
Earnings From Continuing Operations	64.74	-553.57	15.61	143.5	-672.56
Minority Interest in Earnings	-29.72	-10.62	-8.92	46.74	79.99
Net Income	35.02	-564.19	6.7	190.24	-592.57
Net Income to Common	35.02	-564.19	6.7	190.24	-592.57
Net Income Growth	-	-	-96.48%	-	-
Shares Outstanding (Basic)	3,045	2,764	2,772	2,780	2,765
Shares Outstanding (Diluted)	3,045	2,764	2,772	2,780	2,765
Shares Change (YoY)	10.17%	-0.29%	-0.28%	0.55%	4.88%
EPS (Basic)	0.01	-0.20	0.00	0.07	-0.21
EPS (Diluted)	0.01	-0.20	0.00	0.07	-0.21
EPS Growth	-	-	-96.49%	-	-
Free Cash Flow	461.99	297.52	402.29	353.43	139.96
Free Cash Flow Per Share	0.15	0.11	0.14	0.13	0.05
Dividend Per Share	-	-	0.012	0.021	-
Dividend Growth	-	-	-42.86%	-	-
Gross Margin	28.73%	25.86%	27.79%	29.44%	24.24%
Operating Margin	0.45%	-14.07%	-0.65%	1.87%	-13.49%
Profit Margin	0.77%	-12.46%	0.11%	2.99%	-10.10%
Free Cash Flow Margin	10.11%	6.57%	6.73%	5.55%	2.38%
EBITDA	305.47	-473.1	137.28	318.09	-554.99
EBITDA Margin	6.68%	-10.45%	2.30%	5.00%	-9.46%
D&A For EBITDA	284.97	164.14	176.37	199.26	237.02
EBIT	20.5	-637.23	-39.09	118.84	-792.02
EBIT Margin	0.45%	-14.07%	-0.65%	1.87%	-13.49%
Effective Tax Rate	40.88%	-	71.44%	51.69%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.