Hysan Development Company 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	2015 - 2019
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	2015 - 2019
Rental Revenue	3,446	3,409	3,210	3,460	3,608	3,710	Upgrade
Other Revenue	105	-83	233	211	283	237	Upgrade
Total Revenue	3,551	3,326	3,443	3,671	3,891	3,947	Upgrade
Revenue Growth (YoY	8.20%	-3.40%	-6.21%	-5.65%	-1.42%	-5.87%	Upgrade
Property Expenses	664	646	621	567	499	490	Upgrade
Selling, General & Administrative	314	308	307	332	274	268	Upgrade
Total Operating Expenses	978	954	928	899	773	758	Upgrade
Operating Income	2,573	2,372	2,515	2,772	3,118	3,189	Upgrade
Interest Expense	-427	-417	-430	-408	-348	-504	Upgrade
Interest & Investment Income	186	167	261	248	92	272	Upgrade
Currency Exchange Gain (Loss)	-68	79	1	-7	-62	28	Upgrade
Other Non-Operating Income	-28	-109	-48	-9	14	-62	Upgrade
EBT Excluding Unusual Items	2,236	2,092	2,299	2,596	2,814	2,923	Upgrade
Gain (Loss) on Sale of Investments	-19	-19	-267	10	167	-15	Upgrade
Asset Writedown	-2,273	-1,506	-2,763	-3,213	-720	-4,903	Upgrade
Pretax Income	-56	567	-731	-607	2,261	-1,995	Upgrade
Income Tax Expense	293	296	295	342	358	353	Upgrade
Earnings From Continuing Operations	-349	271	-1,026	-949	1,903	-2,348	Upgrade
Minority Interest in Earnings	490	182	596	242	-61	89	Upgrade
Net Income	141	453	-430	-707	1,842	-2,259	Upgrade
Preferred Dividends & Other Adjustments	458	418	442	450	459	288	Upgrade
Net Income to Common	-317	35	-872	-1,157	1,383	-2,547	Upgrade
Basic Shares Outstanding	1,027	1,027	1,027	1,030	1,038	1,042	Upgrade
Diluted Shares Outstanding	1,027	1,027	1,027	1,030	1,038	1,042	Upgrade
Shares Change (YoY)	-	-	-0.28%	-0.82%	-0.33%	-0.43%	Upgrade
EPS (Basic)	-0.31	0.03	-0.85	-1.12	1.33	-2.44	Upgrade
EPS (Diluted)	-0.32	0.03	-0.85	-1.12	1.33	-2.44	Upgrade
Dividend Per Share	1.080	1.080	1.080	1.440	1.440	1.440	Upgrade
Dividend Growth	-	-	-25.00%	-	-	-	Upgrade
Operating Margin	72.46%	71.32%	73.05%	75.51%	80.13%	80.80%	Upgrade
Profit Margin	-8.93%	1.05%	-25.33%	-31.52%	35.54%	-64.53%	Upgrade
EBITDA	2,614	2,408	2,548	2,804	3,147	3,213	Upgrade
EBITDA Margin	73.61%	72.40%	74.00%	76.38%	80.88%	81.40%	Upgrade
D&A For Ebitda	41	36	33	32	29	24	Upgrade
EBIT	2,573	2,372	2,515	2,772	3,118	3,189	Upgrade
EBIT Margin	72.46%	71.32%	73.05%	75.51%	80.13%	80.80%	Upgrade
Effective Tax Rate	-	52.20%	-	-	15.83%	-	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.