HKT Trust and HKT Limited (FRA:4HK)

HKT Trust and HKT Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	35,406	34,753	34,330	34,125	33,961	32,389
Revenue Growth (YoY)	2.33%	1.23%	0.60%	0.48%	4.85%	-2.16%
Cost of Revenue	18,240	17,710	17,454	17,094	16,729	15,703
Gross Profit	17,166	17,043	16,876	17,031	17,232	16,686
Selling, General & Admin	8,788	8,795	9,130	9,777	10,127	9,495
Operating Expenses	8,788	8,795	9,130	9,777	10,127	9,495
Operating Income	8,378	8,248	7,746	7,254	7,105	7,191
Interest Expense	-1,929	-2,114	-2,012	-1,472	-1,175	-1,297
Interest & Investment Income	61	61	56	29	33	44
Earnings From Equity Investments	-73	-126	-114	-97	-130	-79
Currency Exchange Gain (Loss)	-108	-108	-97	-55	24	4
Other Non Operating Income (Expenses)	13	3	-71	-99	-38	-41
EBT Excluding Unusual Items	6,342	5,964	5,508	5,560	5,819	5,822
Merger & Restructuring Charges	-	-	-	-	-	-3
Gain (Loss) on Sale of Investments	51	51	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-35
Asset Writedown	-	-	-	-	-	-302
Other Unusual Items	-	-	-	-	-	692
Pretax Income	6,393	6,015	5,508	5,560	5,819	6,174
Income Tax Expense	986	914	496	641	997	855
Earnings From Continuing Operations	5,407	5,101	5,012	4,919	4,822	5,319
Minority Interest in Earnings	-257	-31	-21	-18	-14	-16
Net Income	5,150	5,070	4,991	4,901	4,808	5,303
Net Income to Common	5,150	5,070	4,991	4,901	4,808	5,303
Net Income Growth	2.41%	1.58%	1.84%	1.93%	-9.33%	1.65%
Shares Outstanding (Basic)	7,576	7,576	7,575	7,574	7,573	7,575
Shares Outstanding (Diluted)	7,578	7,577	7,576	7,575	7,574	7,576
Shares Change (YoY)	0.02%	0.02%	0.01%	0.01%	-0.03%	0.04%
EPS (Basic)	0.68	0.67	0.66	0.65	0.63	0.70
EPS (Diluted)	0.68	0.67	0.66	0.65	0.63	0.70
EPS Growth	2.41%	1.56%	1.82%	1.92%	-9.31%	1.61%
Free Cash Flow	-	9,874	9,123	8,438	8,263	8,163
Free Cash Flow Per Share	-	1.30	1.20	1.11	1.09	1.08
Dividend Per Share	0.797	0.788	0.765	0.745	0.728	0.711
Dividend Growth	3.00%	3.02%	2.66%	2.39%	2.39%	0.98%
Gross Margin	48.48%	49.04%	49.16%	49.91%	50.74%	51.52%
Operating Margin	23.66%	23.73%	22.56%	21.26%	20.92%	22.20%
Profit Margin	14.55%	14.59%	14.54%	14.36%	14.16%	16.37%
Free Cash Flow Margin	-	28.41%	26.57%	24.73%	24.33%	25.20%
EBITDA	10,168	10,225	9,934	9,413	9,310	9,061
EBITDA Margin	28.72%	29.42%	28.94%	27.58%	27.41%	27.98%
D&A For EBITDA	1,790	1,977	2,188	2,159	2,205	1,870
EBIT	8,378	8,248	7,746	7,254	7,105	7,191
EBIT Margin	23.66%	23.73%	22.56%	21.26%	20.92%	22.20%
Effective Tax Rate	15.42%	15.20%	9.01%	11.53%	17.13%	13.85%

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