HKG:2788 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	15,163	13,815	13,490
Revenue Growth (YoY)	9.76%	2.41%	-
Cost of Revenue	10,882	11,464	11,435
Gross Profit	4,281	2,351	2,055
Selling, General & Admin	210.88	137.82	155.35
Other Operating Expenses	62.4	64.1	64.5
Operating Expenses	272.87	201.94	221.98
Operating Income	4,009	2,149	1,833
Interest Expense	-750.66	-932.91	-1,061
Interest & Investment Income	18.53	48.88	90.12
Earnings From Equity Investments	-0.85	-	-
Currency Exchange Gain (Loss)	-0.3	-0.01	-0.08
Other Non Operating Income (Expenses)	8.91	24.83	18.38
EBT Excluding Unusual Items	3,284	1,290	879.92
Gain (Loss) on Sale of Investments	-	0.06	0.14
Gain (Loss) on Sale of Assets	7.97	1.69	182.92
Asset Writedown	-11.25	-19.08	-15.32
Pretax Income	3,281	1,272	1,048
Income Tax Expense	651.38	191.86	134.76
Earnings From Continuing Operations	2,630	1,081	912.9
Minority Interest in Earnings	-573.29	-77.06	-31.62
Net Income	2,056	1,004	881.29
Net Income to Common	2,056	1,004	881.29
Net Income Growth	104.89%	13.88%	-
Shares Outstanding (Basic)	1,500	1,500	1,500
Shares Outstanding (Diluted)	1,500	1,500	1,500
EPS (Basic)	1.37	0.67	0.59
EPS (Diluted)	1.37	0.67	0.59
EPS Growth	104.89%	13.88%	-
Free Cash Flow	359.23	4,102	912.82
Free Cash Flow Per Share	0.24	2.73	0.61
Gross Margin	28.23%	17.02%	15.23%
Operating Margin	26.44%	15.56%	13.59%
Profit Margin	13.56%	7.27%	6.53%
Free Cash Flow Margin	2.37%	29.69%	6.77%
EBITDA	4,697	2,767	2,371
EBITDA Margin	30.98%	20.03%	17.57%
D&A For EBITDA	688.71	618.22	537.62
EBIT	4,009	2,149	1,833
EBIT Margin	26.44%	15.56%	13.59%
Effective Tax Rate	19.85%	15.08%	12.86%

Source: S&P Capital IQ. Standard template. Financial Sources.