HKG:6123 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	3,191	5,322	5,292	6,706	7,556
Revenue Growth (YoY)	-40.05%	0.58%	-21.10%	-11.25%	49.69%
Cost of Revenue	2,989	4,952	4,810	6,163	6,764
Gross Profit	201.39	370.47	481.33	543.31	792.84
Selling, General & Admin	366.17	382.03	374.39	416.52	455.81
Amortization of Goodwill & Intangibles	2.18	1.62	1.66	1.79	4.44
Operating Expenses	387.42	396.52	379.09	426.76	460.2
Operating Income	-186.03	-26.05	102.24	116.56	332.64
Interest Expense	-3.68	-2.43	-2.04	-2.58	-4.17
Interest & Investment Income	-	11.58	21.51	2.49	0.87
Earnings From Equity Investments	0.15	-13.3	2.5	-6.5	1.07
Currency Exchange Gain (Loss)	-	-10.96	3.79	25.09	-3.77
Other Non Operating Income (Expenses)	36.25	7.38	6.17	10.86	16.05
EBT Excluding Unusual Items	-153.3	-33.79	134.16	145.92	342.69
Impairment of Goodwill	-	-	-	-	-15.63
Gain (Loss) on Sale of Investments	-	-24.52	-12.96	-11.55	-2.61
Gain (Loss) on Sale of Assets	-	19.33	0.17	2.39	-0
Asset Writedown	-	-0.51	-0.28	-0.79	-0.51
Other Unusual Items	-	1.56	0.36	4.81	-0.01
Pretax Income	-153.3	-37.92	121.45	140.78	323.92
Income Tax Expense	-3.22	4.05	24.98	0.97	45.68
Earnings From Continuing Operations	-150.08	-41.97	96.47	139.81	278.24
Minority Interest in Earnings	4.45	1.19	0.31	-3.07	-4.87
Net Income	-145.63	-40.77	96.78	136.74	273.38
Net Income to Common	-145.63	-40.77	96.78	136.74	273.38
Net Income Growth	-	-	-29.23%	-49.98%	8.38%
Shares Outstanding (Basic)	418	418	418	418	416
Shares Outstanding (Diluted)	418	418	418	418	418
Shares Change (YoY)	-	-	-	0.11%	0.12%
EPS (Basic)	-0.35	-0.10	0.23	0.33	0.66
EPS (Diluted)	-0.35	-0.10	0.23	0.33	0.65
EPS Growth	-	-	-29.23%	-50.04%	8.25%
Free Cash Flow	-	-84.99	-250.61	695.08	138.56
Free Cash Flow Per Share	-	-0.20	-0.60	1.66	0.33
Dividend Per Share	-	-	0.023	0.033	0.065
Dividend Growth	-	-	-30.30%	-49.23%	6.56%
Gross Margin	6.31%	6.96%	9.10%	8.10%	10.49%
Operating Margin	-5.83%	-0.49%	1.93%	1.74%	4.40%
Profit Margin	-4.56%	-0.77%	1.83%	2.04%	3.62%
Free Cash Flow Margin	-	-1.60%	-4.74%	10.36%	1.83%
EBITDA	-178.03	-18.05	110.46	128.15	347.33
EBITDA Margin	-5.58%	-0.34%	2.09%	1.91%	4.60%
D&A For EBITDA	8	8	8.22	11.6	14.68
EBIT	-186.03	-26.05	102.24	116.56	332.64
EBIT Margin	-5.83%	-0.49%	1.93%	1.74%	4.40%
Effective Tax Rate	-	-	20.57%	0.69%	14.10%

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