HKG:2625 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,544	1,351	1,402
Revenue Growth (YoY)	14.29%	-3.64%	-
Cost of Revenue	1,255	1,062	1,101
Gross Profit	289.3	289.1	301.38
Selling, General & Admin	206.18	214.82	214.73
Other Operating Expenses	-7.73	-7.43	-5.24
Operating Expenses	208.97	206.44	212.7
Operating Income	80.33	82.66	88.67
Interest Expense	-25.91	-24.03	-21.54
Interest & Investment Income	2.78	2.21	1.82
Earnings From Equity Investments	-1.19	-	-
Currency Exchange Gain (Loss)	-1.69	1.77	0.01
EBT Excluding Unusual Items	54.32	62.61	68.96
Gain (Loss) on Sale of Investments	0.08	0.24	0.26
Gain (Loss) on Sale of Assets	-0.3	-0.51	0.03
Asset Writedown	-	-	-1.49
Other Unusual Items	-	-	2.3
Pretax Income	54.1	62.35	70.06
Income Tax Expense	15.86	18.37	18.46
Earnings From Continuing Operations	38.24	43.98	51.6
Minority Interest in Earnings	-1.61	-1.25	-1.51
Net Income	36.63	42.72	50.09
Net Income to Common	36.63	42.72	50.09
Net Income Growth	-14.26%	-14.71%	-
Shares Outstanding (Basic)	203	161	161
Shares Outstanding (Diluted)	203	161	161
Shares Change (YoY)	26.21%	-	-
EPS (Basic)	0.18	0.27	0.31
EPS (Diluted)	0.18	0.27	0.31
EPS Growth	-32.07%	-14.71%	-
Free Cash Flow	-108.35	71.32	28.49
Free Cash Flow Per Share	-0.53	0.44	0.18
Gross Margin	18.74%	21.40%	21.50%
Operating Margin	5.20%	6.12%	6.33%
Profit Margin	2.37%	3.16%	3.57%
Free Cash Flow Margin	-7.02%	5.28%	2.03%
EBITDA	123.48	125.23	130.36
EBITDA Margin	8.00%	9.27%	9.30%
D&A For EBITDA	43.16	42.57	41.69
EBIT	80.33	82.66	88.67
EBIT Margin	5.20%	6.12%	6.33%
Effective Tax Rate	29.32%	29.47%	26.34%