PCCW Limited 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
Revenue	40,252	37,557	36,347	36,065	35,455
Revenue Growth (YoY)	7.18%	3.33%	0.78%	1.72%	-1.47%
Cost of Revenue	21,531	19,127	18,116	17,914	17,725
Gross Profit	18,721	18,430	18,231	18,151	17,730
Selling, General & Admin	13,270	13,042	13,265	13,498	13,179
Operating Expenses	13,270	13,042	13,265	13,498	13,179
Operating Income	5,451	5,388	4,966	4,653	4,551
Interest Expense	-2,384	-2,630	-2,482	-1,678	-1,387
Interest & Investment Income	96	133	165	101	69
Earnings From Equity Investments	-146	-355	-252	-278	572
Currency Exchange Gain (Loss)	-	-108	-97	-57	16
Other Non Operating Income (Expenses)	189	-30	-73	-90	10
EBT Excluding Unusual Items	3,206	2,398	2,227	2,651	3,831
Gain (Loss) on Sale of Investments	217	390	272	-52	-80
Asset Writedown	-	-	-	-	-5
Pretax Income	3,423	2,788	2,499	2,599	3,746
Income Tax Expense	808	847	409	672	998
Earnings From Continuing Operations	2,615	1,941	2,090	1,927	2,748
Earnings From Discontinued Operations	-	-	-	834	199
Net Income to Company	2,615	1,941	2,090	2,761	2,947
Minority Interest in Earnings	-2,642	-2,007	-2,326	-2,368	-1,682
Net Income	-27	-66	-236	393	1,265
Preferred Dividends & Other Adjustments	226	234	235	235	226
Net Income to Common	-253	-300	-471	158	1,039
Net Income Growth	-	-	-	-68.93%	-
Shares Outstanding (Basic)	7,735	7,731	7,727	7,724	7,721
Shares Outstanding (Diluted)	7,735	7,731	7,727	7,724	7,728
Shares Change (YoY)	0.05%	0.05%	0.04%	-0.05%	0.15%
EPS (Basic)	-0.03	-0.04	-0.06	0.02	0.13
EPS (Diluted)	-0.03	-0.04	-0.06	0.02	0.13
EPS Growth	-	-	-	-84.78%	-
Free Cash Flow	-	8,460	11,159	8,007	6,113
Free Cash Flow Per Share	-	1.09	1.44	1.04	0.79
Dividend Per Share	0.383	0.383	0.383	0.380	0.370
Dividend Growth	-	-	0.55%	2.67%	15.13%
Gross Margin	46.51%	49.07%	50.16%	50.33%	50.01%
Operating Margin	13.54%	14.35%	13.66%	12.90%	12.84%
Profit Margin	-0.63%	-0.80%	-1.30%	0.44%	2.93%
Free Cash Flow Margin	-	22.53%	30.70%	22.20%	17.24%
EBITDA	7,400	7,337	7,111	9,496	7,128
EBITDA Margin	18.38%	19.54%	19.56%	26.33%	20.10%
D&A For EBITDA	1,949	1,949	2,145	4,843	2,577
EBIT	5,451	5,388	4,966	4,653	4,551
EBIT Margin	13.54%	14.35%	13.66%	12.90%	12.84%
Effective Tax Rate	23.61%	30.38%	16.37%	25.86%	26.64%

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