HKG:8310 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	1,066	781.74	1,158	795.97	908.41
Revenue Growth (YoY)	36.36%	-32.49%	45.49%	-12.38%	-55.54%
Cost of Revenue	1,023	774.05	1,149	785.95	901.22
Gross Profit	43.23	7.69	8.85	10.02	7.2
Selling, General & Admin	26.44	33.23	30.41	41.9	36.83
Operating Expenses	27.88	33.23	30.41	41.9	36.83
Operating Income	15.35	-25.54	-21.56	-31.88	-29.63
Interest Expense	-21.06	-21.73	-33.87	-39.62	-36.94
Interest & Investment Income	0.01	0.06	0.08	0.22	2.92
Currency Exchange Gain (Loss)	-0.54	2.49	0.38	0.19	5.33
Other Non Operating Income (Expenses)	0.06	0.33	0.99	0.54	0.32
EBT Excluding Unusual Items	-6.19	-44.39	-53.98	-70.54	-58
Impairment of Goodwill	-	-	-	-0.96	-
Gain (Loss) on Sale of Investments	-	-	108.91	-	-
Gain (Loss) on Sale of Assets	-11.85	0.08	-	-	-
Asset Writedown	-0.48	-1.89	-1.44	7.33	-12.68
Pretax Income	-18.52	-46.21	53.49	-64.16	-70.67
Income Tax Expense	0.6	-	0.01	0.08	0.07
Earnings From Continuing Operations	-19.12	-46.21	53.48	-64.24	-70.74
Net Income to Company	-19.12	-46.21	53.48	-64.24	-70.74
Minority Interest in Earnings	0.16	1.12	1.23	2.27	-2.73
Net Income	-18.96	-45.09	54.72	-61.97	-73.47
Net Income to Common	-18.96	-45.09	54.72	-61.97	-73.47
Shares Outstanding (Basic)	1,288	1,288	1,288	1,288	1,288
Shares Outstanding (Diluted)	1,288	1,288	1,288	1,288	1,288
EPS (Basic)	-0.01	-0.04	0.04	-0.05	-0.06
EPS (Diluted)	-0.01	-0.04	0.04	-0.05	-0.06
Free Cash Flow	-	-144.76	-17.96	-41.77	-196.85
Free Cash Flow Per Share	-	-0.11	-0.01	-0.03	-0.15
Gross Margin	4.06%	0.98%	0.76%	1.26%	0.79%
Operating Margin	1.44%	-3.27%	-1.86%	-4.00%	-3.26%
Profit Margin	-1.78%	-5.77%	4.72%	-7.79%	-8.09%
Free Cash Flow Margin	-	-18.52%	-1.55%	-5.25%	-21.67%
EBITDA	23.95	-16.94	-12.67	-22	-16.66
EBITDA Margin	2.25%	-2.17%	-1.09%	-2.76%	-1.83%
D&A For EBITDA	8.61	8.61	8.89	9.88	12.98
EBIT	15.35	-25.54	-21.56	-31.88	-29.63
EBIT Margin	1.44%	-3.27%	-1.86%	-4.00%	-3.26%
Effective Tax Rate	-	-	0.01%	-	-

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