HKG:8519 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	206.49	244.6	278.54	217.01	221.34
Other Revenue	1.99	3.6	1.47	3.19	1.53
Revenue	208.48	248.21	280.02	220.2	222.88
Revenue Growth (YoY)	-16.01%	-11.36%	27.16%	-1.20%	27.74%
Cost of Revenue	167.61	203.47	220.91	180.99	175.74
Gross Profit	40.87	44.73	59.11	39.21	47.14
Selling, General & Admin	-	0.79	1.24	1.44	1.38
Other Operating Expenses	21.99	22.47	23.94	26.08	24.12
Operating Expenses	33.66	45	54.06	61.78	58.71
Operating Income	7.21	-0.27	5.05	-22.56	-11.57
Interest Expense	-0.87	-2.5	-2.93	-3.19	-3.15
Interest & Investment Income	0	0.1	0.1	0.02	0.02
Earnings From Equity Investments	-	-	-0.55	-0.31	-
Currency Exchange Gain (Loss)	-	0.02	0.1	0.01	0
Other Non Operating Income (Expenses)	-1.58	-0.53	-0.03	0.16	0.6
EBT Excluding Unusual Items	4.76	-3.18	1.74	-25.87	-14.11
Gain (Loss) on Sale of Investments	-	-1.04	-1.42	-1.11	-
Gain (Loss) on Sale of Assets	-	-0.13	-1.06	3.1	-0.02
Asset Writedown	-	-2.34	-9.78	-8.86	-7.91
Other Unusual Items	-	0.38	1.05	10.09	2.74
Pretax Income	4.76	-6.31	-9.45	-22.41	-19.3
Income Tax Expense	1.19	2.18	-2.84	0.59	1.97
Earnings From Continuing Operations	3.58	-8.49	-6.62	-23	-21.26
Minority Interest in Earnings	-1.46	1.88	4.82	3.26	1.79
Net Income	2.12	-6.6	-1.8	-19.74	-19.48
Net Income to Common	2.12	-6.6	-1.8	-19.74	-19.48
Shares Outstanding (Basic)	145	145	145	145	138
Shares Outstanding (Diluted)	145	145	145	145	138
Shares Change (YoY)	-	-	-0.01%	5.17%	21.67%
EPS (Basic)	0.01	-0.05	-0.01	-0.14	-0.14
EPS (Diluted)	0.01	-0.05	-0.01	-0.14	-0.14
Free Cash Flow	-	15.39	31.07	16.35	10.53
Free Cash Flow Per Share	-	0.11	0.21	0.11	0.08
Gross Margin	19.60%	18.02%	21.11%	17.81%	21.15%
Operating Margin	3.46%	-0.11%	1.80%	-10.25%	-5.19%
Profit Margin	1.01%	-2.66%	-0.64%	-8.97%	-8.74%
Free Cash Flow Margin	-	6.20%	11.10%	7.42%	4.73%
EBITDA	11.73	4.26	14.32	-9.52	0.64
EBITDA Margin	5.63%	1.71%	5.11%	-4.32%	0.29%
D&A For EBITDA	4.52	4.52	9.27	13.04	12.21
EBIT	7.21	-0.27	5.05	-22.56	-11.57
EBIT Margin	3.46%	-0.11%	1.80%	-10.25%	-5.19%
Effective Tax Rate	24.88%	-	-	-	-
Advertising Expenses	4.41	6.18	8.87	8.71	9.24

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