HKG:8051 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	421.21	351.19	152.14	368.16	349.87	372.96
Revenue Growth (YoY)	54.56%	130.84%	-58.68%	5.23%	-6.19%	12.04%
Cost of Revenue	397.33	331.02	138.35	341.59	324.32	342.06
Gross Profit	23.88	20.16	13.79	26.57	25.55	30.9
Selling, General & Admin	10.59	11.32	14.93	20.08	24.04	24.01
Research & Development	0.12	0.41	0.85	1.27	1.37	1.63
Operating Expenses	10.71	11.73	15.78	21.34	25.41	25.64
Operating Income	13.17	8.43	-1.99	5.23	0.14	5.27
Interest Expense	-0.04	-0.02	-0.11	-0.11	-0.06	-0.05
Interest & Investment Income	1.1	1.1	2.96	0.65	0.04	0.38
Earnings From Equity Investments	0.59	0.53	1.59	0.29	0.67	0.73
Other Non Operating Income (Expenses)	-9.67	-7.19	3.51	2.28	3.22	3.61
EBT Excluding Unusual Items	5.15	2.86	5.96	8.34	4.01	9.94
Gain (Loss) on Sale of Investments	-	-	1.64	-	-	-
Other Unusual Items	-	-	-	-	-	1.03
Pretax Income	5.15	2.86	7.6	8.34	4.01	10.97
Income Tax Expense	3.21	2.59	0.99	3.28	1.77	1.97
Earnings From Continuing Operations	1.95	0.27	6.62	5.06	2.23	9
Minority Interest in Earnings	0.16	-0.23	-0.72	-	-	-
Net Income	2.11	0.04	5.89	5.06	2.23	9
Net Income to Common	2.11	0.04	5.89	5.06	2.23	9
Net Income Growth	-57.64%	-99.25%	16.40%	126.75%	-75.19%	261.47%
Shares Outstanding (Basic)	25	24	23	23	23	23
Shares Outstanding (Diluted)	25	24	23	23	23	23
Shares Change (YoY)	8.23%	2.67%	-	-	-	-
EPS (Basic)	0.08	0.00	0.25	0.22	0.10	0.38
EPS (Diluted)	0.08	0.00	0.25	0.22	0.10	0.38
EPS Growth	-60.87%	-99.28%	16.40%	126.75%	-75.19%	261.47%
Free Cash Flow	-	-68.83	-21.47	0.48	-4.13	42.38
Free Cash Flow Per Share	-	-2.86	-0.92	0.02	-0.18	1.81
Gross Margin	5.67%	5.74%	9.06%	7.22%	7.30%	8.29%
Operating Margin	3.13%	2.40%	-1.31%	1.42%	0.04%	1.41%
Profit Margin	0.50%	0.01%	3.87%	1.38%	0.64%	2.41%
Free Cash Flow Margin	-	-19.60%	-14.11%	0.13%	-1.18%	11.36%
EBITDA	13.18	8.45	-1.94	6.42	2.52	7.65
EBITDA Margin	3.13%	2.41%	-1.27%	1.75%	0.72%	2.05%
D&A For EBITDA	0.02	0.02	0.05	1.2	2.38	2.38
EBIT	13.17	8.43	-1.99	5.23	0.14	5.27
EBIT Margin	3.13%	2.40%	-1.31%	1.42%	0.04%	1.41%
Effective Tax Rate	62.20%	90.49%	12.98%	39.33%	44.28%	17.95%

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