HKG:8051 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	452.15	351.19	152.14	368.16	349.87
Revenue Growth (YoY)	28.75%	130.84%	-58.68%	5.23%	-6.19%
Cost of Revenue	428.53	331.02	138.35	341.59	324.32
Gross Profit	23.62	20.16	13.79	26.57	25.55
Selling, General & Admin	11.51	11.32	14.93	20.08	24.04
Research & Development	0.21	0.41	0.85	1.27	1.37
Operating Expenses	11.72	11.73	15.78	21.34	25.41
Operating Income	11.9	8.43	-1.99	5.23	0.14
Interest Expense	-0.09	-0.02	-0.11	-0.11	-0.06
Interest & Investment Income	0.13	1.1	2.96	0.65	0.04
Earnings From Equity Investments	0.93	0.53	1.59	0.29	0.67
Currency Exchange Gain (Loss)	-1.72	-	-	-	-
Other Non Operating Income (Expenses)	0.01	-7.19	3.51	2.28	3.22
EBT Excluding Unusual Items	11.16	2.86	5.96	8.34	4.01
Gain (Loss) on Sale of Investments	-	-	1.64	-	-
Pretax Income	11.16	2.86	7.6	8.34	4.01
Income Tax Expense	3.01	2.59	0.99	3.28	1.77
Earnings From Continuing Operations	8.15	0.27	6.62	5.06	2.23
Minority Interest in Earnings	0	-0.23	-0.72	-	-
Net Income	8.15	0.04	5.89	5.06	2.23
Net Income to Common	8.15	0.04	5.89	5.06	2.23
Net Income Growth	18415.91%	-99.25%	16.40%	126.75%	-75.19%
Shares Outstanding (Basic)	26	24	23	23	23
Shares Outstanding (Diluted)	26	24	23	23	23
Shares Change (YoY)	8.22%	2.67%	-	-	-
EPS (Basic)	0.31	0.00	0.25	0.22	0.10
EPS (Diluted)	0.31	0.00	0.25	0.22	0.10
EPS Growth	17282.00%	-99.28%	16.40%	126.75%	-75.19%
Free Cash Flow	-	-68.83	-21.47	0.48	-4.13
Free Cash Flow Per Share	-	-2.86	-0.92	0.02	-0.18
Gross Margin	5.22%	5.74%	9.06%	7.22%	7.30%
Operating Margin	2.63%	2.40%	-1.31%	1.42%	0.04%
Profit Margin	1.80%	0.01%	3.87%	1.38%	0.64%
Free Cash Flow Margin	-	-19.60%	-14.11%	0.13%	-1.18%
EBITDA	11.92	8.45	-1.94	6.42	2.52
EBITDA Margin	2.64%	2.41%	-1.27%	1.75%	0.72%
D&A For EBITDA	0.02	0.02	0.05	1.2	2.38
EBIT	11.9	8.43	-1.99	5.23	0.14
EBIT Margin	2.63%	2.40%	-1.31%	1.42%	0.04%
Effective Tax Rate	26.98%	90.49%	12.98%	39.33%	44.28%

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