Champion Real Estate Investment Trust (HKG:2778)

HKG:2778 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	1,988	2,185	2,312	2,359	2,495
Property Management Fees	266.87	274.22	263.67	266.37	274.19
Other Revenue	9.23	25.07	-69.35	-42.51	22.31
Total Revenue	2,264	2,484	2,506	2,583	2,792
Revenue Growth (YoY	-8.86%	-0.90%	-2.96%	-7.48%	-4.41%
Property Expenses	808.82	829.26	841.07	820.34	820.3
Selling, General & Administrative	46.46	48.97	46.73	47.62	41.79
Total Operating Expenses	855.28	878.22	887.79	867.95	862.09
Operating Income	1,409	1,606	1,619	1,715	1,929
Interest Expense	-581.82	-668.98	-613.17	-439.77	-424.94
Interest & Investment Income	26.34	46.99	51.34	26.41	82.02
Other Non-Operating Income	-5.82	-8.27	-6.25	-7.76	-6.39
EBT Excluding Unusual Items	847.25	975.31	1,050	1,294	1,580
Gain (Loss) on Sale of Investments	-	-	-	-20.15	-
Asset Writedown	-3,978	-2,899	-641.38	-1,749	-2,079
Other Unusual Items	-	-	-	-48.24	-76.15
Pretax Income	-3,131	-1,924	409.05	-523.88	-575.38
Income Tax Expense	135.52	162.45	188.43	225.44	255.98
Net Income	-3,267	-2,087	220.62	-749.32	-831.36
Net Income to Common	-3,267	-2,087	220.62	-749.32	-831.36
Basic Shares Outstanding	6,117	6,061	6,001	5,963	5,928
Diluted Shares Outstanding	6,117	6,061	6,001	5,963	5,928
Shares Change (YoY)	0.94%	1.00%	0.64%	0.58%	0.56%
EPS (Basic)	-0.53	-0.34	0.04	-0.13	-0.14
EPS (Diluted)	-0.53	-0.34	0.04	-0.13	-0.14
Dividend Per Share	0.126	0.142	0.168	0.195	0.228
Dividend Growth	-11.18%	-15.51%	-13.87%	-14.11%	-8.85%
Operating Margin	62.22%	64.64%	64.58%	66.40%	69.12%
Profit Margin	-144.29%	-84.01%	8.80%	-29.01%	-29.78%
EBIT	1,409	1,606	1,619	1,715	1,929
EBIT Margin	62.22%	64.64%	64.58%	66.40%	69.12%
Effective Tax Rate	-	-	46.07%	-	-
Revenue as Reported	2,255	2,459	2,576	2,625	2,769

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