Formosa International Hotels Corporation (TPE:2707)

TPE:2707 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	6,720	6,297	6,765	5,597	4,931	5,423
Revenue Growth (YoY)	5.32%	-6.92%	20.86%	13.52%	-9.08%	-17.03%
Cost of Revenue	4,414	4,150	4,251	3,733	3,598	3,892
Gross Profit	2,306	2,147	2,514	1,865	1,332	1,530
Selling, General & Admin	677.51	667.92	671.01	643.58	794.04	796.37
Operating Expenses	677.51	667.92	671.01	643.58	794.04	796.37
Operating Income	1,628	1,479	1,843	1,221	538.19	734.07
Interest Expense	-64.03	-53.79	-51.36	-59.67	-75.8	-94.28
Interest & Investment Income	70.68	69.69	58.55	30.05	26.36	46.3
Earnings From Equity Investments	42	34.47	22.02	12.79	12.55	9.23
Currency Exchange Gain (Loss)	13.15	34.41	19.72	40.85	39.02	-45.91
Other Non Operating Income (Expenses)	34.47	58.87	13.89	41.57	131.13	103.68
EBT Excluding Unusual Items	1,725	1,623	1,906	1,287	671.45	753.09
Gain (Loss) on Sale of Investments	20.29	21.73	0.98	8.05	-3.31	12.9
Gain (Loss) on Sale of Assets	-0.44	-2.57	0.17	0.36	1,637	0.56
Other Unusual Items	-	-	-0.2	9.15	96.23	114.58
Pretax Income	1,750	1,664	1,909	1,304	2,402	881.14
Income Tax Expense	346.83	329.14	382.01	288.49	161.76	148.27
Earnings From Continuing Operations	1,403	1,335	1,527	1,016	2,240	732.87
Minority Interest in Earnings	11.61	10.97	-111.12	-112.81	-62.48	-72.81
Net Income	1,414	1,346	1,416	902.9	2,177	660.06
Net Income to Common	1,414	1,346	1,416	902.9	2,177	660.06
Net Income Growth	4.14%	-4.91%	56.78%	-58.53%	229.86%	-50.90%
Shares Outstanding (Basic)	127	127	127	127	127	127
Shares Outstanding (Diluted)	128	128	128	128	132	137
Shares Change (YoY)	0.05%	0.07%	0.05%	-3.38%	-3.21%	0.04%
EPS (Basic)	11.10	10.57	11.11	7.09	17.09	5.18
EPS (Diluted)	11.05	10.52	11.07	7.07	16.53	4.96
EPS Growth	4.04%	-4.97%	56.58%	-57.23%	233.00%	-50.25%
Free Cash Flow	2,667	2,065	1,602	1,959	11.85	768.45
Free Cash Flow Per Share	20.84	16.14	12.53	15.33	0.09	5.62
Dividend Per Share	14.361	14.361	11.382	9.007	12.393	4.389
Dividend Growth	26.17%	26.17%	26.36%	-27.32%	182.35%	-56.31%
Gross Margin	34.32%	34.10%	37.16%	33.31%	27.02%	28.22%
Operating Margin	24.23%	23.49%	27.25%	21.82%	10.91%	13.54%
Profit Margin	21.05%	21.38%	20.93%	16.13%	44.16%	12.17%
Free Cash Flow Margin	39.68%	32.80%	23.68%	35.00%	0.24%	14.17%
EBITDA	1,947	1,777	2,143	1,546	908.72	1,119
EBITDA Margin	28.98%	28.22%	31.68%	27.62%	18.43%	20.64%
D&A For EBITDA	318.6	297.67	300.21	324.83	370.53	385.31
EBIT	1,628	1,479	1,843	1,221	538.19	734.07
EBIT Margin	24.23%	23.49%	27.25%	21.82%	10.91%	13.54%
Effective Tax Rate	19.82%	19.78%	20.01%	22.12%	6.74%	16.83%

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