HKSHY Income Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	8,956	10,290	8,112	4,198	3,461	2,710
Revenue Growth (YoY)	-12.90%	26.85%	93.23%	21.29%	27.71%	-53.86%
Cost of Revenue	5,507	6,868	5,389	2,688	2,245	2,097
Gross Profit	3,449	3,422	2,723	1,510	1,216	613
Selling, General & Admin	314	314	251	158	89	-
Other Operating Expenses	1,588	1,662	1,374	953	733	674
Operating Expenses	2,613	2,662	2,145	1,563	1,321	1,227
Operating Income	836	760	578	-53	-105	-614
Interest Expense	-715	-750	-281	-157	-157	-149
Interest & Investment Income	17	28	21	6	4	5
Earnings From Equity Investments	-88	-108	-184	-65	-15	-366
Other Non Operating Income (Expenses)	-52	-32	-33	-47	-	-
EBT Excluding Unusual Items	-2	-102	101	-316	-273	-1,124
Asset Writedown	-649	-727	186	-152	-9	-825
Pretax Income	-651	-829	287	-468	-282	-1,949
Income Tax Expense	183	164	139	17	37	31
Earnings From Continuing Operations	-834	-993	148	-485	-319	-1,980
Minority Interest in Earnings	50	50	-2	-3	199	40
Net Income	-784	-943	146	-488	-120	-1,940
Net Income to Common	-784	-943	146	-488	-120	-1,940
Shares Outstanding (Basic)	1,668	1,659	1,649	1,649	1,649	1,642
Shares Outstanding (Diluted)	1,668	1,659	1,649	1,649	1,649	1,642
Shares Change (YoY)	1.09%	0.61%	-	-	0.43%	1.17%
EPS (Basic)	-0.47	-0.57	0.09	-0.30	-0.07	-1.18
EPS (Diluted)	-0.47	-0.57	0.09	-0.30	-0.07	-1.18
Free Cash Flow	2,717	4,058	3,093	217	177	-836
Free Cash Flow Per Share	1.63	2.45	1.88	0.13	0.11	-0.51
Dividend Per Share	-	-	0.080	-	-	-
Gross Margin	38.51%	33.26%	33.57%	35.97%	35.13%	22.62%
Operating Margin	9.34%	7.39%	7.12%	-1.26%	-3.03%	-22.66%
Profit Margin	-8.75%	-9.16%	1.80%	-11.63%	-3.47%	-71.59%
Free Cash Flow Margin	30.34%	39.44%	38.13%	5.17%	5.11%	-30.85%
EBITDA	1,497	1,396	1,051	351	336	-124
EBITDA Margin	16.71%	13.57%	12.96%	8.36%	9.71%	-4.58%
D&A For EBITDA	661	636	473	404	441	490
EBIT	836	760	578	-53	-105	-614
EBIT Margin	9.34%	7.39%	7.12%	-1.26%	-3.03%	-22.66%
Effective Tax Rate	-	-	48.43%	-	-	-
Advertising Expenses	-	314	251	158	89	74

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