Win Hanverky Holdings 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	3,953	3,973	3,074	4,084	4,137	4,021
Revenue Growth (YoY)	23.24%	29.26%	-24.74%	-1.27%	2.86%	-20.12%
Cost of Revenue	3,180	3,198	2,570	3,262	3,138	3,057
Gross Profit	773.14	774.63	504.14	822.45	998.99	964.9
Selling, General & Admin	734.23	756.39	743.38	798.4	1,048	998.14
Other Operating Expenses	-8.86	-7.5	-27.55	-15.1	-7.91	-15.88
Operating Expenses	725.37	748.89	715.83	783.3	1,040	982.26
Operating Income	47.77	25.74	-211.69	39.15	-41.22	-17.36
Interest Expense	-41.94	-45.84	-47.88	-39.7	-33.3	-40.8
Interest & Investment Income	1.57	1.78	2.94	1.71	1.22	4.26
Earnings From Equity Investments	1.69	2.68	1.32	1.26	0.31	0.76
Currency Exchange Gain (Loss)	-7.9	0.13	1.4	3.64	-3.94	10.59
Other Non Operating Income (Expenses)	-	-	-	-	-	0.42
EBT Excluding Unusual Items	1.19	-15.51	-253.92	6.06	-76.93	-42.14
Gain (Loss) on Sale of Assets	-0.79	-0.44	19.95	65.17	0.62	6.74
Asset Writedown	-14.64	-34.77	-41.02	-	-6.33	-47.04
Pretax Income	-14.24	-50.71	-275	71.23	-82.64	-82.43
Income Tax Expense	18.05	11.23	-12.5	-10.01	-13.01	1.35
Earnings From Continuing Operations	-32.29	-61.94	-262.5	81.24	-69.63	-83.79
Earnings From Discontinued Operations	-	-	-120.11	-57.61	-	-104.73
Net Income to Company	-32.29	-61.94	-382.61	23.63	-69.63	-188.51
Minority Interest in Earnings	0.8	-6.5	7.32	-13.56	3.22	-45.31
Net Income	-31.49	-68.44	-375.29	10.07	-66.42	-233.82
Net Income to Common	-31.49	-68.44	-375.29	10.07	-66.42	-233.82
Shares Outstanding (Basic)	1,284	1,284	1,284	1,284	1,284	1,284
Shares Outstanding (Diluted)	1,284	1,284	1,284	1,284	1,284	1,284
EPS (Basic)	-0.02	-0.05	-0.29	0.01	-0.05	-0.18
EPS (Diluted)	-0.02	-0.05	-0.29	0.01	-0.05	-0.18
Free Cash Flow	248.1	78.43	209.39	185.05	-153.05	526.85
Free Cash Flow Per Share	0.19	0.06	0.16	0.14	-0.12	0.41
Gross Margin	19.56%	19.50%	16.40%	20.14%	24.15%	23.99%
Operating Margin	1.21%	0.65%	-6.89%	0.96%	-1.00%	-0.43%
Profit Margin	-0.80%	-1.72%	-12.21%	0.25%	-1.61%	-5.81%
Free Cash Flow Margin	6.28%	1.97%	6.81%	4.53%	-3.70%	13.10%
EBITDA	134.77	127.62	-109.81	204.7	103.15	137.91
EBITDA Margin	3.41%	3.21%	-3.57%	5.01%	2.49%	3.43%
D&A For EBITDA	87	101.88	101.88	165.55	144.37	155.27
EBIT	47.77	25.74	-211.69	39.15	-41.22	-17.36
EBIT Margin	1.21%	0.65%	-6.89%	0.96%	-1.00%	-0.43%

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