HKG:3311 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	115,182	115,107	113,734	101,975	77,310	62,458
Revenue Growth (YoY)	-0.01%	1.21%	11.53%	31.91%	23.78%	1.28%
Cost of Revenue	97,559	97,260	97,395	87,405	65,327	53,174
Gross Profit	17,623	17,847	16,339	14,571	11,983	9,284
Selling, General & Admin	2,684	2,805	2,605	2,417	2,261	1,903
Amortization of Goodwill & Intangibles	17.34	17.27	17.42	17.69	17.97	17.45
Operating Expenses	2,701	2,822	2,623	2,435	2,279	1,920
Operating Income	14,922	15,025	13,716	12,136	9,704	7,364
Interest Expense	-3,027	-3,191	-3,203	-2,988	-2,627	-2,631
Interest & Investment Income	356.67	341.26	319.41	320.56	479.1	435.29
Earnings From Equity Investments	1,140	905.26	944.51	609.13	1,152	2,582
Other Non Operating Income (Expenses)	52.45	-72.61	-138.2	165.88	148.13	105.44
EBT Excluding Unusual Items	13,444	13,007	11,638	10,243	8,856	7,856
Gain (Loss) on Sale of Investments	-2.55	-	33.14	270.13	26.32	570.04
Gain (Loss) on Sale of Assets	10.78	90.92	5.24	43.42	14.83	5.24
Asset Writedown	-159.34	-159.34	426.92	221.82	487.72	-186.3
Pretax Income	13,293	12,939	12,104	10,779	9,385	8,244
Income Tax Expense	3,074	2,862	2,391	2,309	1,949	1,760
Earnings From Continuing Operations	10,219	10,077	9,713	8,469	7,436	6,484
Minority Interest in Earnings	-289.71	-344.98	-244.12	-216.76	-169.87	-61.56
Net Income	9,929	9,732	9,469	8,253	7,266	6,423
Preferred Dividends & Other Adjustments	315.26	370.82	304.79	295.82	465.13	407.25
Net Income to Common	9,614	9,361	9,164	7,957	6,801	6,015
Net Income Growth	2.90%	2.78%	14.74%	13.58%	13.13%	13.21%
Shares Outstanding (Basic)	5,111	5,038	5,038	5,038	5,040	5,049
Shares Outstanding (Diluted)	5,111	5,038	5,038	5,038	5,040	5,049
Shares Change (YoY)	1.46%	-	-	-0.04%	-0.19%	-
EPS (Basic)	1.88	1.86	1.82	1.58	1.35	1.19
EPS (Diluted)	1.88	1.86	1.82	1.58	1.35	1.19
EPS Growth	1.65%	2.15%	15.17%	17.05%	13.27%	11.12%
Free Cash Flow	1,082	914.3	-208.19	-150.74	-1,238	-5,080
Free Cash Flow Per Share	0.21	0.18	-0.04	-0.03	-0.25	-1.01
Dividend Per Share	0.625	0.615	0.560	0.480	0.405	0.360
Dividend Growth	1.63%	9.82%	16.67%	18.52%	12.50%	12.50%
Gross Margin	15.30%	15.50%	14.37%	14.29%	15.50%	14.87%
Operating Margin	12.96%	13.05%	12.06%	11.90%	12.55%	11.79%
Profit Margin	8.35%	8.13%	8.06%	7.80%	8.80%	9.63%
Free Cash Flow Margin	0.94%	0.79%	-0.18%	-0.15%	-1.60%	-8.13%
EBITDA	15,719	15,790	14,448	12,724	10,312	7,779
EBITDA Margin	13.65%	13.72%	12.70%	12.48%	13.34%	12.46%
D&A For EBITDA	796.46	765.48	731.64	587.96	608.34	415.52
EBIT	14,922	15,025	13,716	12,136	9,704	7,364
EBIT Margin	12.96%	13.05%	12.06%	11.90%	12.55%	11.79%
Effective Tax Rate	23.13%	22.12%	19.75%	21.42%	20.77%	21.35%

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