HKG:2638 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	12,052	12,057	11,406	10,793	11,344	10,389
Revenue Growth (YoY)	2.58%	5.71%	5.68%	-4.86%	9.19%	-3.26%
Selling, General & Admin	398	385	341	348	312	344
Depreciation & Amortization	213	215	222	197	196	193
Other Operating Expenses	6,001	5,883	5,655	5,681	5,884	5,703
Total Operating Expenses	6,612	6,483	6,218	6,226	6,392	6,240
Operating Income	5,440	5,574	5,188	4,567	4,952	4,149
Interest Expense	-1,412	-1,408	-1,360	-961	-800	-971
Interest Income	39	39	44	30	13	15
Net Interest Expense	-1,373	-1,369	-1,316	-931	-787	-956
EBT Excluding Unusual Items	4,067	4,205	3,872	3,636	4,165	3,193
Gain (Loss) on Sale of Assets	-137	-125	-256	-88	-120	-125
Other Unusual Items	-51	-228	186	35	-377	232
Pretax Income	3,879	3,852	3,802	3,583	3,668	3,300
Income Tax Expense	714	741	646	629	735	568
Net Income	3,165	3,111	3,156	2,954	2,933	2,732
Net Income to Common	3,165	3,111	3,156	2,954	2,933	2,732
Net Income Growth	1.41%	-1.43%	6.84%	0.72%	7.36%	17.40%
Shares Outstanding (Basic)	8,836	8,836	8,836	8,836	8,836	8,836
Shares Outstanding (Diluted)	8,836	8,836	8,836	8,836	8,836	8,836
EPS (Basic)	0.36	0.35	0.36	0.33	0.33	0.31
EPS (Diluted)	0.36	0.35	0.36	0.33	0.33	0.31
EPS Growth	1.41%	-1.43%	6.84%	0.72%	7.36%	17.40%
Free Cash Flow	2,310	2,375	3,792	-993	1,363	1,128
Free Cash Flow Per Share	0.26	0.27	0.43	-0.11	0.15	0.13
Dividend Per Share	0.320	0.320	0.320	0.320	0.320	0.320
Profit Margin	26.26%	25.80%	27.67%	27.37%	25.86%	26.30%
Free Cash Flow Margin	19.17%	19.70%	33.25%	-9.20%	12.02%	10.86%
EBITDA	8,938	8,930	8,365	7,807	8,268	7,332
EBITDA Margin	74.16%	74.06%	73.34%	72.33%	72.88%	70.58%
D&A For EBITDA	3,498	3,356	3,177	3,240	3,316	3,183
EBIT	5,440	5,574	5,188	4,567	4,952	4,149
EBIT Margin	45.14%	46.23%	45.48%	42.31%	43.65%	39.94%
Effective Tax Rate	18.41%	19.24%	16.99%	17.55%	20.04%	17.21%

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