HKG:8328 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	1,048	1,234	1,392	1,066	506.19
Revenue Growth (YoY)	-15.04%	-11.36%	30.55%	110.64%	132.05%
Cost of Revenue	867.77	1,031	1,197	900.92	380.05
Gross Profit	180.55	203.12	195.29	165.33	126.14
Selling, General & Admin	191.78	190.8	156.28	97.03	73.9
Other Operating Expenses	-70.88	-17.49	-69.76	-4.98	-36.41
Operating Expenses	120.9	173.31	86.52	92.05	37.49
Operating Income	59.65	29.81	108.77	73.28	88.65
Interest Expense	-13.8	-17.72	-15.05	-4.78	-
Interest & Investment Income	-	1.04	1.29	3.44	1.8
Earnings From Equity Investments	18.4	3.85	-0.01	-0.01	-0
Currency Exchange Gain (Loss)	-	3.69	9.16	3.03	0.35
Other Non Operating Income (Expenses)	0.78	-	-	-	-
EBT Excluding Unusual Items	65.02	20.67	104.16	74.96	90.79
Gain (Loss) on Sale of Assets	-	-99.88	5.46	1.8	-3.83
Asset Writedown	-114.7	-110.14	-	-	-
Other Unusual Items	-	-	-	0.05	-
Pretax Income	-49.68	-189.36	109.62	76.81	86.96
Income Tax Expense	9.46	18.33	17.52	21.88	20.63
Earnings From Continuing Operations	-59.14	-207.69	92.1	54.93	66.32
Minority Interest in Earnings	2.03	10.62	-8.96	-9.03	-3.69
Net Income	-57.11	-197.07	83.14	45.9	62.63
Net Income to Common	-57.11	-197.07	83.14	45.9	62.63
Net Income Growth	-	-	81.14%	-26.71%	214.39%
Shares Outstanding (Basic)	786	785	785	746	660
Shares Outstanding (Diluted)	786	785	789	751	666
Shares Change (YoY)	0.01%	-0.39%	4.96%	12.76%	2.79%
EPS (Basic)	-0.07	-0.25	0.11	0.06	0.09
EPS (Diluted)	-0.07	-0.25	0.11	0.06	0.09
EPS Growth	-	-	72.50%	-35.00%	205.85%
Free Cash Flow	-	-20.53	-98.86	-747.42	-162.24
Free Cash Flow Per Share	-	-0.03	-0.13	-0.99	-0.24
Gross Margin	17.22%	16.46%	14.03%	15.51%	24.92%
Operating Margin	5.69%	2.42%	7.81%	6.87%	17.51%
Profit Margin	-5.45%	-15.97%	5.97%	4.30%	12.37%
Free Cash Flow Margin	-	-1.66%	-7.10%	-70.10%	-32.05%
EBITDA	109.06	79.22	142.23	102.55	98.2
EBITDA Margin	10.40%	6.42%	10.22%	9.62%	19.40%
D&A For EBITDA	49.41	49.41	33.45	29.27	9.56
EBIT	59.65	29.81	108.77	73.28	88.65
EBIT Margin	5.69%	2.42%	7.81%	6.87%	17.51%
Effective Tax Rate	-	-	15.99%	28.48%	23.73%

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