Hung Sheng Construction Income Statement

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

Millions TWD. 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	4,741	2,108	2,553	6,968	3,876
Revenue Growth (YoY)	124.94%	-17.45%	-63.36%	79.79%	39.82%
Cost of Revenue	2,804	1,126	1,402	3,969	2,218
Gross Profit	1,937	981.3	1,151	2,999	1,658
Selling, General & Admin	738.31	468.51	477.57	776.08	607.36
Operating Expenses	738.31	468.51	474.53	824.45	623.56
Operating Income	1,199	512.79	676.46	2,175	1,034
Interest Expense	-258.35	-260.37	-181.18	-193.33	-196.83
Interest & Investment Income	22.1	16.94	16.98	20.58	16.51
Earnings From Equity Investments	4.03	44.58	84.32	-3.71	22.4
Currency Exchange Gain (Loss)	0.08	0.07	0	0	-0
Other Non Operating Income (Expenses)	4.18	1.4	2.16	19.06	8.11
EBT Excluding Unusual Items	970.98	315.41	598.74	2,018	884.62
Gain (Loss) on Sale of Investments	6.13	13.6	2.39	12.44	-8.71
Gain (Loss) on Sale of Assets	0.02	-0.07	-	-	-
Other Unusual Items	2.02	1.02	2.27	2.86	5.36
Pretax Income	979.16	329.96	603.4	2,033	881.27
Income Tax Expense	4.73	32.1	82.53	67.68	37.27
Earnings From Continuing Operations	974.43	297.86	520.87	1,965	844
Net Income	974.43	297.86	520.87	1,965	844
Net Income to Common	974.43	297.86	520.87	1,965	844
Net Income Growth	227.15%	-42.82%	-73.50%	132.85%	38.35%
Shares Outstanding (Basic)	473	473	473	473	473
Shares Outstanding (Diluted)	473	473	473	473	473
Shares Change (YoY)	0.03%	-0.03%	-0.05%	0.06%	8.49%
EPS (Basic)	2.06	0.63	1.10	4.15	1.78
EPS (Diluted)	2.06	0.63	1.10	4.15	1.78
EPS Growth	227.13%	-42.75%	-73.49%	133.15%	27.22%
Free Cash Flow	515.13	395.18	-145.45	4,474	977.46
Free Cash Flow Per Share	1.09	0.83	-0.31	9.45	2.07
Dividend Per Share	1.500	1.000	1.000	1.750	1.200
Dividend Growth	50.00%	-	-42.86%	45.83%	20.00%
Gross Margin	40.86%	46.56%	45.08%	43.05%	42.78%
Operating Margin	25.29%	24.33%	26.50%	31.21%	26.69%
Profit Margin	20.55%	14.13%	20.40%	28.20%	21.78%
Free Cash Flow Margin	10.87%	18.75%	-5.70%	64.21%	25.22%
EBITDA	1,273	585.34	749.19	2,240	1,088
EBITDA Margin	26.84%	27.77%	29.34%	32.15%	28.07%
D&A For EBITDA	73.61	72.55	72.73	65.27	53.42
EBIT	1,199	512.79	676.46	2,175	1,034
EBIT Margin	25.29%	24.33%	26.50%	31.21%	26.69%
Effective Tax Rate	0.48%	9.73%	13.68%	3.33%	4.23%
Revenue as Reported	4,741	2,108	2,553	6,968	3,876
Advertising Expenses	164.71	27.92	41.29	-	-

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