Financial Information
Financial Highlights
Key Financial Information
| (in HK$’mil, except percentages) | 1H/2026 | 1H/2025 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,018.0 | 2,449,9 | 5,095.5 | 4,686.8 | 4,604.4 | 4,354.7 | 3,777.7 |
| Gross profit | 856.8 | 681.5 | 1,400.1 | 1,269.1 | 1,178.3 | 1,261.0 | 1,022.4 |
| Gross profit margin | 28.4% | 27.8% | 27.5% | 27.1% | 25.6% | 29.0% | 27.1% |
| Profit/(loss) attributable to shareholders of the Company | 421.0 | 346.3 | 726.2 | 644.3 | 585.1 | 582.0 | 382.8 |
| Adjusted profit attributable to shareholders of the Company (1) | 433.1 | 359.6 | 689.9 | 615.5 | 532.0 | 649.1 | 422.2 |
| Adjusted EBITDA(1) | 828.4 | 715.3 | 1,413.1 | 1,318.6 | 1,214.9 | 1,227.6 | 940.9 |
| Adjusted EBITDA Margin | 27.4% | 29.2% | 27.7% | 28.1% | 26.4% | 28.2% | 24.9% |
| Net cash generated from operating activities | 689.1 | 555.3 | 1,258.7 | 1,146.2 | 1,281.4 | 837.5 | 424.4 |
| Free cash flow from/(used in) operations (1) | 7.4 | 116.6 | 281.6 | 456.2 | 508.5 | 169.0 | (606.3) |
| Basic earnings/(loss) per share (HK cents) | 22.2 | 18.4 | 38.5 | 34.1 | 31.0 | 30.9 | 20.3 |
| Adjusted basic earnings per share (HK cents) | 22.8 | 19.1 | 36.6 | 32.6 | 28.2 | 34.5 | 22.4 |
| Dividend per share (HK cents) | 8.0 | 8.0 | 16.0 | 16.0 | 16.0 | 16.0 | 10.1 |
Key Financial Information, As of
| (in HK$’mil, except percentages) | 6/30/2026 | 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 |
|---|---|---|---|---|---|---|
| Total assets | 10,928.0 | 9,389.9 | 8,171.8 | 8,300.9 | 7,763.0 | 7,042.3 |
| Total liabilities | 4,083.1 | 3,766.7 | 3,429.0 | 3,400.0 | 3,365.0 | 2,662.9 |
| Net assets | 6,844.9 | 5,623.2 | 4,742.9 | 4,900.9 | 4,398.0 | 4,379.4 |
| Adjusted Return on equity(1) | 12.7% | 13.4% | 12.8% | 11.5% | 14.9% | 10.1% |
| Net gearing ratio | 18.3% | 30.4% | 33.6% | 33.2% | 39.2% | 22.1% |
| Interest coverage (times)(1) | 11.1 | 9.9 | 7.4 | 6.2 | 13.4 | 18.5 |
Note:
(1) As defined in 2026 Interim Results Announcement
(1) As defined in 2026 Interim Results Announcement