PCCW Limited (FRA:TH3B)

PCCW Limited 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	38,781	37,557	36,347	36,065	35,455	35,984
Revenue Growth (YoY)	4.26%	3.33%	0.78%	1.72%	-1.47%	-4.10%
Cost of Revenue	20,166	19,127	18,116	17,914	17,725	19,189
Gross Profit	18,615	18,430	18,231	18,151	17,730	16,795
Selling, General & Admin	12,883	13,042	13,265	13,498	13,179	12,553
Operating Expenses	12,883	13,042	13,265	13,498	13,179	12,553
Operating Income	5,732	5,388	4,966	4,653	4,551	4,242
Interest Expense	-2,425	-2,630	-2,482	-1,678	-1,387	-1,568
Interest & Investment Income	110	133	165	101	69	67
Earnings From Equity Investments	-295	-355	-252	-278	572	-25
Currency Exchange Gain (Loss)	-108	-108	-97	-57	16	19
Other Non Operating Income (Expenses)	-14	-30	-73	-90	10	-86
EBT Excluding Unusual Items	3,000	2,398	2,227	2,651	3,831	2,649
Gain (Loss) on Sale of Investments	315	390	272	-52	-80	-116
Gain (Loss) on Sale of Assets	-	-	-	-	-	-35
Asset Writedown	-	-	-	-	-5	-409
Other Unusual Items	-	-	-	-	-	-6
Pretax Income	3,315	2,788	2,499	2,599	3,746	2,083
Income Tax Expense	967	847	409	672	998	705
Earnings From Continuing Operations	2,348	1,941	2,090	1,927	2,748	1,378
Earnings From Discontinued Operations	-	-	-	834	199	-729
Net Income to Company	2,348	1,941	2,090	2,761	2,947	649
Minority Interest in Earnings	-2,399	-2,007	-2,326	-2,368	-1,682	-1,669
Net Income	-51	-66	-236	393	1,265	-1,020
Preferred Dividends & Other Adjustments	232	234	235	235	226	-
Net Income to Common	-283	-300	-471	158	1,039	-1,020
Net Income Growth	-	-	-	-68.93%	-	-
Shares Outstanding (Basic)	7,733	7,731	7,727	7,724	7,721	7,717
Shares Outstanding (Diluted)	7,733	7,731	7,727	7,724	7,728	7,717
Shares Change (YoY)	0.04%	0.05%	0.04%	-0.05%	0.15%	-0.06%
EPS (Basic)	-0.04	-0.04	-0.06	0.02	0.13	-0.13
EPS (Diluted)	-0.04	-0.04	-0.06	0.02	0.13	-0.13
EPS Growth	-	-	-	-84.78%	-	-
Free Cash Flow	-	8,460	11,159	8,007	6,113	9,662
Free Cash Flow Per Share	-	1.09	1.44	1.04	0.79	1.25
Dividend Per Share	0.383	0.383	0.383	0.380	0.370	0.322
Dividend Growth	-	-	0.55%	2.67%	15.13%	-
Gross Margin	48.00%	49.07%	50.16%	50.33%	50.01%	46.67%
Operating Margin	14.78%	14.35%	13.66%	12.90%	12.84%	11.79%
Profit Margin	-0.73%	-0.80%	-1.30%	0.44%	2.93%	-2.83%
Free Cash Flow Margin	-	22.53%	30.70%	22.20%	17.24%	26.85%
EBITDA	6,525	7,337	7,111	9,496	7,128	6,667
EBITDA Margin	16.82%	19.54%	19.56%	26.33%	20.10%	18.53%
D&A For EBITDA	792.5	1,949	2,145	4,843	2,577	2,425
EBIT	5,732	5,388	4,966	4,653	4,551	4,242
EBIT Margin	14.78%	14.35%	13.66%	12.90%	12.84%	11.79%
Effective Tax Rate	29.17%	30.38%	16.37%	25.86%	26.64%	33.84%

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