Win Hanverky Holdings Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,418	3,973	3,074	4,084	4,137
Revenue Growth (YoY)	-13.96%	29.26%	-24.74%	-1.27%	2.86%
Cost of Revenue	2,825	3,198	2,570	3,262	3,138
Gross Profit	592.9	774.63	504.14	822.45	998.99
Selling, General & Admin	567.04	756.39	743.38	798.4	1,048
Other Operating Expenses	-5.76	-7.5	-27.55	-15.1	-7.91
Operating Expenses	561.28	748.89	715.83	783.3	1,040
Operating Income	31.62	25.74	-211.69	39.15	-41.22
Interest Expense	-33.91	-45.84	-47.88	-39.7	-33.3
Interest & Investment Income	1.82	1.78	2.94	1.71	1.22
Earnings From Equity Investments	0.29	2.68	1.32	1.26	0.31
Currency Exchange Gain (Loss)	-11.12	0.13	1.4	3.64	-3.94
EBT Excluding Unusual Items	-11.31	-15.51	-253.92	6.06	-76.93
Gain (Loss) on Sale of Assets	-0.6	-0.44	19.95	65.17	0.62
Asset Writedown	-	-34.77	-41.02	-	-6.33
Other Unusual Items	1.64	-	-	-	-
Pretax Income	-10.28	-50.71	-275	71.23	-82.64
Income Tax Expense	13.12	11.23	-12.5	-10.01	-13.01
Earnings From Continuing Operations	-23.39	-61.94	-262.5	81.24	-69.63
Earnings From Discontinued Operations	-165.79	-	-120.11	-57.61	-
Net Income to Company	-189.18	-61.94	-382.61	23.63	-69.63
Minority Interest in Earnings	5.99	-6.5	7.32	-13.56	3.22
Net Income	-183.19	-68.44	-375.29	10.07	-66.42
Net Income to Common	-183.19	-68.44	-375.29	10.07	-66.42
Shares Outstanding (Basic)	1,284	1,284	1,284	1,284	1,284
Shares Outstanding (Diluted)	1,284	1,284	1,284	1,284	1,284
EPS (Basic)	-0.14	-0.05	-0.29	0.01	-0.05
EPS (Diluted)	-0.14	-0.05	-0.29	0.01	-0.05
Free Cash Flow	-	78.43	209.39	185.05	-153.05
Free Cash Flow Per Share	-	0.06	0.16	0.14	-0.12
Gross Margin	17.34%	19.50%	16.40%	20.14%	24.15%
Operating Margin	0.92%	0.65%	-6.89%	0.96%	-1.00%
Profit Margin	-5.36%	-1.72%	-12.21%	0.25%	-1.61%
Free Cash Flow Margin	-	1.97%	6.81%	4.53%	-3.70%
EBITDA	177.23	127.62	-109.81	204.7	103.15
EBITDA Margin	5.18%	3.21%	-3.57%	5.01%	2.49%
D&A For EBITDA	145.61	101.88	101.88	165.55	144.37
EBIT	31.62	25.74	-211.69	39.15	-41.22
EBIT Margin	0.92%	0.65%	-6.89%	0.96%	-1.00%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.