Hysan Development Company Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	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	3,409	3,210	3,460	3,608	3,710	Upgrade
Other Revenue	-83	233	211	283	237	Upgrade
Total Revenue	3,326	3,443	3,671	3,891	3,947	Upgrade
Revenue Growth (YoY	-3.40%	-6.21%	-5.65%	-1.42%	-5.87%	Upgrade
Property Expenses	646	621	567	499	490	Upgrade
Selling, General & Administrative	308	307	332	274	268	Upgrade
Total Operating Expenses	954	928	899	773	758	Upgrade
Operating Income	2,372	2,515	2,772	3,118	3,189	Upgrade
Interest Expense	-417	-430	-408	-348	-504	Upgrade
Interest & Investment Income	167	261	248	92	272	Upgrade
Currency Exchange Gain (Loss)	79	1	-7	-62	28	Upgrade
Other Non-Operating Income	-109	-48	-9	14	-62	Upgrade
EBT Excluding Unusual Items	2,092	2,299	2,596	2,814	2,923	Upgrade
Gain (Loss) on Sale of Investments	-19	-267	10	167	-15	Upgrade
Asset Writedown	-1,506	-2,763	-3,213	-720	-4,903	Upgrade
Pretax Income	567	-731	-607	2,261	-1,995	Upgrade
Income Tax Expense	296	295	342	358	353	Upgrade
Earnings From Continuing Operations	271	-1,026	-949	1,903	-2,348	Upgrade
Minority Interest in Earnings	182	596	242	-61	89	Upgrade
Net Income	453	-430	-707	1,842	-2,259	Upgrade
Preferred Dividends & Other Adjustments	418	442	450	459	288	Upgrade
Net Income to Common	35	-872	-1,157	1,383	-2,547	Upgrade
Basic Shares Outstanding	1,027	1,027	1,030	1,038	1,042	Upgrade
Diluted Shares Outstanding	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)	0.03	-0.85	-1.12	1.33	-2.44	Upgrade
EPS (Diluted)	0.03	-0.85	-1.12	1.33	-2.44	Upgrade
Dividend Per Share	1.080	1.080	1.440	1.440	1.440	Upgrade
Dividend Growth	-	-25.00%	-	-	-	Upgrade
Operating Margin	71.32%	73.05%	75.51%	80.13%	80.80%	Upgrade
Profit Margin	1.05%	-25.33%	-31.52%	35.54%	-64.53%	Upgrade
EBITDA	2,408	2,548	2,804	3,147	3,213	Upgrade
EBITDA Margin	72.40%	74.00%	76.38%	80.88%	81.40%	Upgrade
D&A For Ebitda	36	33	32	29	24	Upgrade
EBIT	2,372	2,515	2,772	3,118	3,189	Upgrade
EBIT Margin	71.32%	73.05%	75.51%	80.13%	80.80%	Upgrade
Effective Tax Rate	52.20%	-	-	15.83%	-	Upgrade

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