HKG:8042 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
Operating Revenue	257.2	213.3	143.57	125.97	108.95
Other Revenue	1.25	1.1	0.23	-	-
Revenue	258.45	214.4	143.8	125.97	108.95
Revenue Growth (YoY)	20.54%	49.10%	14.16%	15.62%	66.85%
Cost of Revenue	227.99	187.69	119.61	88.2	77.7
Gross Profit	30.46	26.71	24.19	37.76	31.25
Selling, General & Admin	0.27	0.49	0.79	1.09	1.25
Other Operating Expenses	26.47	29.08	27.5	21.17	14.97
Operating Expenses	26.08	29.78	28.43	22.54	16.55
Operating Income	4.38	-3.06	-4.24	15.22	14.7
Interest Expense	-0.77	-0.43	-0.35	-0.36	-0.17
Interest & Investment Income	0.21	0.49	0.57	0.21	0.03
Other Non Operating Income (Expenses)	0	-0.01	0.5	0.08	0.24
EBT Excluding Unusual Items	3.83	-3.01	-3.52	15.15	14.8
Gain (Loss) on Sale of Investments	0.04	0.12	-0.35	-0.71	0.04
Gain (Loss) on Sale of Assets	-0	-0.01	-	-	-
Asset Writedown	-0.05	-	-	-	-
Other Unusual Items	-	-	-	2.12	-
Pretax Income	3.81	-2.9	-3.87	16.56	14.84
Income Tax Expense	1.25	-0.35	0.29	2.51	2.03
Net Income	2.56	-2.55	-4.16	14.05	12.8
Net Income to Common	2.56	-2.55	-4.16	14.05	12.8
Net Income Growth	-	-	-	9.71%	-
Shares Outstanding (Basic)	800	800	800	800	800
Shares Outstanding (Diluted)	800	800	800	800	800
EPS (Basic)	0.00	-0.00	-0.01	0.02	0.02
EPS (Diluted)	0.00	-0.00	-0.01	0.02	0.02
EPS Growth	-	-	-	9.70%	-
Free Cash Flow	16.36	-6.58	1.64	6.79	10.87
Free Cash Flow Per Share	0.02	-0.01	0.00	0.01	0.01
Gross Margin	11.79%	12.46%	16.82%	29.98%	28.68%
Operating Margin	1.69%	-1.43%	-2.95%	12.08%	13.49%
Profit Margin	0.99%	-1.19%	-2.89%	11.15%	11.75%
Free Cash Flow Margin	6.33%	-3.07%	1.14%	5.39%	9.97%
EBITDA	5.3	-0.8	-1.48	16.8	16.23
EBITDA Margin	2.05%	-0.38%	-1.03%	13.34%	14.90%
D&A For EBITDA	0.93	2.26	2.76	1.58	1.53
EBIT	4.38	-3.06	-4.24	15.22	14.7
EBIT Margin	1.69%	-1.43%	-2.95%	12.08%	13.49%
Effective Tax Rate	32.90%	-	-	15.15%	13.70%

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