Hongkong Land Holdings Income Statement

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

Millions USD. 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	1,448	2,002	1,844	2,244	2,384
Revenue Growth (YoY)	-27.66%	8.56%	-17.83%	-5.87%	13.85%
Cost of Revenue	1,070	1,119	884.1	1,224	1,284
Gross Profit	378.5	883.6	960.2	1,021	1,100
Selling, General & Admin	-	209	221.6	214	208.5
Other Operating Expenses	-	-70	-54.3	-40.8	-16
Operating Expenses	-	139	167.3	173.2	192.5
Operating Income	378.5	744.6	792.9	847.5	907.9
Interest Expense	-217.6	-226	-243.3	-216	-202.5
Interest & Investment Income	-	78.8	81.5	66.8	67
Earnings From Equity Investments	709.2	254.2	252.7	229.3	355.9
Currency Exchange Gain (Loss)	-	-7.6	-	-	-
Other Non Operating Income (Expenses)	54.6	-19	-22.6	-18.9	-19.7
EBT Excluding Unusual Items	924.7	825	861.2	908.7	1,109
Gain (Loss) on Sale of Assets	-	-14.2	15.9	-2.8	37.6
Asset Writedown	514.2	-2,035	-1,353	-583.8	-1,294
Other Unusual Items	-	-	31.6	1.3	-
Pretax Income	1,439	-1,224	-444.3	323.4	-148.2
Income Tax Expense	173.1	152.1	132.8	123.8	195.6
Earnings From Continuing Operations	1,266	-1,376	-577.1	199.6	-343.8
Minority Interest in Earnings	-2.4	-9.1	-5.2	3.1	-5.4
Net Income	1,263	-1,385	-582.3	202.7	-349.2
Net Income to Common	1,263	-1,385	-582.3	202.7	-349.2
Shares Outstanding (Basic)	2,184	2,207	2,215	2,254	2,328
Shares Outstanding (Diluted)	2,190	2,207	2,215	2,254	2,328
Shares Change (YoY)	-0.75%	-0.38%	-1.71%	-3.20%	-0.24%
EPS (Basic)	0.58	-0.63	-0.26	0.09	-0.15
EPS (Diluted)	0.58	-0.63	-0.26	0.09	-0.15
Free Cash Flow	420.2	592.1	616.3	763.7	429.7
Free Cash Flow Per Share	0.19	0.27	0.28	0.34	0.18
Dividend Per Share	-	0.230	0.220	0.220	0.220
Dividend Growth	-	4.54%	-	-	-
Gross Margin	26.13%	44.13%	52.06%	45.48%	46.15%
Operating Margin	26.13%	37.19%	42.99%	37.76%	38.08%
Profit Margin	87.23%	-69.17%	-31.57%	9.03%	-14.65%
Free Cash Flow Margin	29.01%	29.57%	33.42%	34.03%	18.02%
EBITDA	392.6	754.7	806	860.6	920.5
EBITDA Margin	27.11%	37.70%	43.70%	38.34%	38.61%
D&A For EBITDA	14.1	10.1	13.1	13.1	12.6
EBIT	378.5	744.6	792.9	847.5	907.9
EBIT Margin	26.13%	37.19%	42.99%	37.76%	38.08%
Effective Tax Rate	12.03%	-	-	38.28%	-

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