Hongkong Land Holdings Income Statement

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

Millions USD. 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	1,781	2,002	1,844	2,244	2,384	2,094
Revenue Growth (YoY)	-17.03%	8.56%	-17.83%	-5.87%	13.85%	-9.72%
Cost of Revenue	804.4	1,119	884.1	1,224	1,284	982.6
Gross Profit	976.5	883.6	960.2	1,021	1,100	1,112
Selling, General & Admin	212.2	209	221.6	214	208.5	190
Other Operating Expenses	-61.3	-70	-54.3	-40.8	-16	-31.2
Operating Expenses	150.9	139	167.3	173.2	192.5	158.8
Operating Income	825.6	744.6	792.9	847.5	907.9	952.8
Interest Expense	-213.2	-226	-243.3	-216	-202.5	-182.5
Interest & Investment Income	66.4	78.8	81.5	66.8	67	79
Earnings From Equity Investments	408.8	254.2	252.7	229.3	355.9	267.5
Currency Exchange Gain (Loss)	-7.6	-7.6	-	-	-	-
Other Non Operating Income (Expenses)	-19	-19	-22.6	-18.9	-19.7	-12.4
EBT Excluding Unusual Items	1,061	825	861.2	908.7	1,109	1,104
Gain (Loss) on Sale of Assets	-19.2	-14.2	15.9	-2.8	37.6	7.2
Asset Writedown	-1,236	-2,035	-1,353	-583.8	-1,294	-3,619
Other Unusual Items	-	-	31.6	1.3	-	-
Pretax Income	-194	-1,224	-444.3	323.4	-148.2	-2,507
Income Tax Expense	131.9	152.1	132.8	123.8	195.6	144.6
Earnings From Continuing Operations	-325.9	-1,376	-577.1	199.6	-343.8	-2,652
Minority Interest in Earnings	-5.1	-9.1	-5.2	3.1	-5.4	4.4
Net Income	-331	-1,385	-582.3	202.7	-349.2	-2,647
Net Income to Common	-331	-1,385	-582.3	202.7	-349.2	-2,647
Shares Outstanding (Basic)	2,204	2,207	2,215	2,254	2,328	2,334
Shares Outstanding (Diluted)	2,204	2,207	2,215	2,254	2,328	2,334
Shares Change (YoY)	-0.21%	-0.38%	-1.71%	-3.20%	-0.24%	-
EPS (Basic)	-0.15	-0.63	-0.26	0.09	-0.15	-1.13
EPS (Diluted)	-0.15	-0.63	-0.26	0.09	-0.15	-1.13
Free Cash Flow	516.3	592.1	616.3	763.7	429.7	852
Free Cash Flow Per Share	0.23	0.27	0.28	0.34	0.18	0.36
Dividend Per Share	0.230	0.230	0.220	0.220	0.220	0.220
Dividend Growth	4.54%	4.54%	-	-	-	-
Gross Margin	54.83%	44.13%	52.06%	45.48%	46.15%	53.08%
Operating Margin	46.36%	37.19%	42.99%	37.76%	38.08%	45.50%
Profit Margin	-18.59%	-69.17%	-31.57%	9.03%	-14.65%	-126.42%
Free Cash Flow Margin	28.99%	29.57%	33.42%	34.03%	18.02%	40.68%
EBITDA	836.6	754.7	806	860.6	920.5	963.6
EBITDA Margin	46.98%	37.70%	43.70%	38.34%	38.61%	46.01%
D&A For EBITDA	11	10.1	13.1	13.1	12.6	10.8
EBIT	825.6	744.6	792.9	847.5	907.9	952.8
EBIT Margin	46.36%	37.19%	42.99%	37.76%	38.08%	45.50%
Effective Tax Rate	-	-	-	38.28%	-	-

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