Top Spring International Holdings Limited (HKG:3688)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Property Development	863.63M	806.75M	405.48M	3.14B	75.98M
Property Development Growth	7.05%	98.96%	-87.09%	4032.50%	-4.08%
Property Investment	250.29M	250.41M	269.45M	277.81M	308.84M
Property Investment Growth	-0.05%	-7.07%	-3.01%	-10.05%	10.12%
Property Management and Related Services	286.03M	322.50M	333.47M	319.00M	341.05M
Property Management and Related Services Growth	-11.31%	-3.29%	4.54%	-6.46%	-1.44%
Education Related Services	42.43M	46.10M	44.25M	36.33M	44.52M
Education Related Services Growth	-7.97%	4.20%	21.79%	-18.40%	21.85%
Elimination of Inter-Segment Revenue	-82.63M	-56.48M	-98.32M	-105.85M	-131.43M
Total	1.36B	1.37B	954.32M	3.67B	638.96M
Total Growth	-0.70%	43.48%	-73.98%	473.93%	11.11%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
PRC	785.01M	773.10M	655.50M	2.94B	586.41M
PRC Growth	1.54%	17.94%	-77.71%	401.55%	10.54%
Hong Kong	574.74M	596.18M	298.82M	726.01M	52.55M
Hong Kong Growth	-3.60%	99.51%	-58.84%	1281.60%	17.91%
Total	1.36B	1.37B	954.32M	3.67B	638.96M
Total Growth	-0.70%	43.48%	-73.98%	473.93%	11.11%

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Jul 8, 2026

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