HKG:2778 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	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	2015 - 2019
Rental Revenue	2,185	2,312	2,359	2,495	2,633	Upgrade
Property Management Fees	274.22	263.67	266.37	274.19	287.06	Upgrade
Other Revenue	25.07	-69.35	-42.51	22.31	-	Upgrade
Total Revenue	2,484	2,506	2,583	2,792	2,920	Upgrade
Revenue Growth (YoY	-0.90%	-2.96%	-7.48%	-4.41%	-5.21%	Upgrade
Property Expenses	829.26	841.07	820.34	820.3	831.86	Upgrade
Selling, General & Administrative	48.97	46.73	47.62	41.79	49.03	Upgrade
Total Operating Expenses	878.22	887.79	867.95	862.09	880.89	Upgrade
Operating Income	1,606	1,619	1,715	1,929	2,039	Upgrade
Interest Expense	-668.98	-613.17	-439.77	-424.94	-469.99	Upgrade
Interest & Investment Income	46.99	51.34	26.41	82.02	51.77	Upgrade
Other Non-Operating Income	-8.27	-6.25	-7.76	-6.39	-2.82	Upgrade
EBT Excluding Unusual Items	975.31	1,050	1,294	1,580	1,618	Upgrade
Gain (Loss) on Sale of Investments	-	-	-20.15	-	2.6	Upgrade
Asset Writedown	-2,899	-641.38	-1,749	-2,079	-13,847	Upgrade
Other Unusual Items	-	-	-48.24	-76.15	-	Upgrade
Pretax Income	-1,924	409.05	-523.88	-575.38	-12,226	Upgrade
Income Tax Expense	162.45	188.43	225.44	255.98	270.89	Upgrade
Net Income	-2,087	220.62	-749.32	-831.36	-12,497	Upgrade
Net Income to Common	-2,087	220.62	-749.32	-831.36	-12,497	Upgrade
Basic Shares Outstanding	6,061	6,001	5,963	5,928	5,896	Upgrade
Diluted Shares Outstanding	6,061	6,001	5,963	5,928	5,896	Upgrade
Shares Change (YoY)	1.00%	0.64%	0.58%	0.56%	0.52%	Upgrade
EPS (Basic)	-0.34	0.04	-0.13	-0.14	-2.12	Upgrade
EPS (Diluted)	-0.34	0.04	-0.13	-0.14	-2.12	Upgrade
Dividend Per Share	0.142	0.168	0.195	0.228	0.250	Upgrade
Dividend Growth	-15.51%	-13.87%	-14.11%	-8.85%	-6.24%	Upgrade
Operating Margin	64.64%	64.58%	66.40%	69.12%	69.84%	Upgrade
Profit Margin	-84.01%	8.80%	-29.01%	-29.78%	-427.94%	Upgrade
EBIT	1,606	1,619	1,715	1,929	2,039	Upgrade
EBIT Margin	64.64%	64.58%	66.40%	69.12%	69.84%	Upgrade
Effective Tax Rate	-	46.07%	-	-	-	Upgrade
Revenue as Reported	2,459	2,576	2,625	2,769	2,920	Upgrade

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.