HKG:8540 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
Total Interest Expense	6.07	6.09	6.47	5.13	6.94
Net Interest Income	-6.07	-6.09	-6.47	-5.13	-6.94
Brokerage Commission	39.25	13.37	13.18	25.36	57.92
Asset Management Fee	9.65	8.87	7.67	9.39	6.32
Underwriting & Investment Banking Fee	128.57	23.45	6.63	15.2	9.67
Other Revenue	31.97	29.27	27.49	23.2	23.52
Revenue	203.38	68.88	48.49	68.02	90.5
Revenue Growth (YoY)	195.28%	42.03%	-28.70%	-24.84%	11.19%
Salaries & Employee Benefits	55.82	39.3	32.15	32.72	30.23
Cost of Services Provided	57.42	9.74	4.89	9.54	16.2
Other Operating Expenses	65.14	19.79	25.28	16.54	15.41
Total Operating Expenses	182.79	71.85	76.35	90.35	73.24
Operating Income	20.59	-2.98	-27.85	-22.33	17.26
EBT Excluding Unusual Items	44.62	-2.92	-28.05	-25.8	17.17
Asset Writedown	1	-1.88	-1.32	-0.5	0.2
Gain (Loss) on Sale of Investments	16.72	2.31	-	-	-
Pretax Income	62.39	-2.48	-29.37	-26.31	17.37
Income Tax Expense	3.28	-0.16	-4.29	-2.07	2.32
Earnings From Continuing Ops.	59.11	-2.32	-25.08	-24.24	15.05
Minority Interest in Earnings	1.25	-0.82	0.11	0.08	0.06
Net Income	60.36	-3.14	-24.97	-24.16	15.11
Net Income to Common	60.36	-3.14	-24.97	-24.16	15.11
Net Income Growth	-	-	-	-	-34.83%
Shares Outstanding (Basic)	196	191	186	186	187
Shares Outstanding (Diluted)	197	191	186	186	187
Shares Change (YoY)	2.76%	3.11%	0.01%	-0.76%	-5.31%
EPS (Basic)	0.31	-0.02	-0.13	-0.13	0.08
EPS (Diluted)	0.31	-0.02	-0.13	-0.13	0.08
EPS Growth	-	-	-	-	-31.18%
Free Cash Flow	143.57	-87.52	41.9	107.18	-62.05
Free Cash Flow Per Share	0.73	-0.46	0.23	0.58	-0.33
Dividend Per Share	0.045	0.019	0.013	0.022	0.029
Dividend Growth	136.84%	46.15%	-40.91%	-24.14%	-3.33%
Operating Margin	10.12%	-4.32%	-57.43%	-32.83%	19.07%
Profit Margin	29.68%	-4.56%	-51.49%	-35.52%	16.70%
Free Cash Flow Margin	70.59%	-127.07%	86.41%	157.57%	-68.57%
Effective Tax Rate	5.26%	-	-	-	13.36%
Revenue as Reported	229.36	77.65	56.31	74.56	98.89

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