Hong Kong Economic Times Holdings Ltd
HKEX:423
Income Statement
Earnings Waterfall
Hong Kong Economic Times Holdings Ltd
Revenue
|
990.8m
HKD
|
Cost of Revenue
|
-593.7m
HKD
|
Gross Profit
|
397.1m
HKD
|
Operating Expenses
|
-424.5m
HKD
|
Operating Income
|
-27.4m
HKD
|
Other Expenses
|
-545k
HKD
|
Net Income
|
-27.9m
HKD
|
Income Statement
Hong Kong Economic Times Holdings Ltd
Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2011 | Mar-2012 | Sep-2012 | Mar-2013 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Mar-2016 | Sep-2016 | Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||
Revenue |
722
N/A
|
762
+6%
|
833
+9%
|
889
+7%
|
946
+6%
|
969
+2%
|
841
-13%
|
750
-11%
|
828
+10%
|
905
+9%
|
952
+5%
|
975
+2%
|
1 006
+3%
|
1 035
+3%
|
1 033
0%
|
1 016
-2%
|
1 065
+5%
|
1 127
+6%
|
1 122
0%
|
1 147
+2%
|
1 176
+3%
|
1 156
-2%
|
1 126
-3%
|
1 138
+1%
|
1 190
+5%
|
1 259
+6%
|
1 281
+2%
|
1 237
-3%
|
1 132
-9%
|
997
-12%
|
1 000
+0%
|
1 053
+5%
|
1 044
-1%
|
1 038
-1%
|
1 023
-1%
|
991
-3%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(403)
|
(442)
|
(477)
|
(501)
|
(537)
|
(559)
|
(512)
|
(464)
|
(456)
|
(475)
|
(497)
|
(527)
|
(619)
|
(693)
|
(712)
|
(700)
|
(702)
|
(723)
|
(723)
|
(735)
|
(747)
|
(729)
|
(716)
|
(704)
|
(721)
|
(767)
|
(778)
|
(760)
|
(688)
|
(611)
|
(584)
|
(581)
|
(582)
|
(591)
|
(600)
|
(594)
|
|
Gross Profit |
319
N/A
|
319
+0%
|
357
+12%
|
387
+9%
|
409
+6%
|
410
+0%
|
329
-20%
|
286
-13%
|
372
+30%
|
431
+16%
|
455
+6%
|
448
-2%
|
387
-14%
|
342
-12%
|
321
-6%
|
317
-1%
|
363
+15%
|
404
+11%
|
399
-1%
|
412
+3%
|
429
+4%
|
427
-1%
|
410
-4%
|
435
+6%
|
469
+8%
|
492
+5%
|
503
+2%
|
478
-5%
|
444
-7%
|
386
-13%
|
416
+8%
|
471
+13%
|
462
-2%
|
448
-3%
|
423
-6%
|
397
-6%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||
Operating Expenses |
(195)
|
(194)
|
(210)
|
(232)
|
(253)
|
(276)
|
(260)
|
(227)
|
(241)
|
(296)
|
(278)
|
(288)
|
(298)
|
(310)
|
(333)
|
(261)
|
(333)
|
(351)
|
(349)
|
(355)
|
(364)
|
(361)
|
(367)
|
(380)
|
(381)
|
(396)
|
(414)
|
(419)
|
(423)
|
(401)
|
(387)
|
(391)
|
(410)
|
(417)
|
(422)
|
(425)
|
|
Selling, General & Administrative |
(203)
|
(201)
|
(217)
|
(236)
|
(257)
|
(280)
|
(260)
|
(227)
|
(240)
|
(269)
|
(278)
|
(288)
|
(306)
|
(318)
|
(334)
|
(330)
|
(333)
|
(351)
|
(350)
|
(357)
|
(366)
|
(364)
|
(371)
|
(383)
|
(384)
|
(400)
|
(417)
|
(421)
|
(426)
|
(403)
|
(389)
|
(393)
|
(412)
|
(419)
|
(424)
|
(427)
|
|
Other Operating Expenses |
8
|
7
|
7
|
4
|
4
|
5
|
0
|
0
|
(1)
|
(27)
|
0
|
0
|
8
|
8
|
1
|
69
|
1
|
0
|
1
|
2
|
3
|
3
|
4
|
3
|
3
|
4
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
2
|
|
Operating Income |
124
N/A
|
126
+1%
|
146
+16%
|
155
+6%
|
156
+1%
|
134
-14%
|
69
-49%
|
59
-15%
|
131
+122%
|
134
+3%
|
177
+32%
|
160
-10%
|
89
-45%
|
32
-63%
|
(13)
N/A
|
56
N/A
|
31
-46%
|
53
+73%
|
50
-6%
|
56
+14%
|
65
+15%
|
66
+2%
|
44
-34%
|
55
+25%
|
88
+61%
|
96
+9%
|
89
-7%
|
58
-34%
|
20
-65%
|
(14)
N/A
|
28
N/A
|
80
+182%
|
51
-36%
|
31
-40%
|
1
-96%
|
(27)
N/A
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(3)
|
(1)
|
5
|
5
|
3
|
6
|
5
|
4
|
4
|
4
|
5
|
4
|
1
|
0
|
2
|
5
|
5
|
5
|
5
|
6
|
5
|
3
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
2
|
1
|
1
|
2
|
6
|
10
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
0
|
0
|
68
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(4)
|
0
|
49
|
(3)
|
(55)
|
0
|
31
|
33
|
1
|
|
Total Other Income |
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
1
|
1
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
120
N/A
|
122
+2%
|
145
+19%
|
160
+10%
|
161
+1%
|
137
-15%
|
75
-45%
|
64
-15%
|
109
+71%
|
138
+27%
|
182
+31%
|
165
-9%
|
93
-44%
|
34
-64%
|
56
+66%
|
58
+4%
|
35
-40%
|
58
+65%
|
55
-6%
|
62
+13%
|
71
+15%
|
71
0%
|
47
-34%
|
57
+23%
|
90
+58%
|
98
+9%
|
92
-6%
|
58
-37%
|
24
-59%
|
37
+57%
|
28
-26%
|
26
-6%
|
52
+102%
|
64
+21%
|
40
-37%
|
(17)
N/A
|
|
Net Income | |||||||||||||||||||||||||||||||||||||
Tax Provision |
(21)
|
(21)
|
(25)
|
(27)
|
(27)
|
(21)
|
(11)
|
(11)
|
(22)
|
(22)
|
(25)
|
(28)
|
(15)
|
(5)
|
8
|
9
|
(6)
|
(9)
|
(8)
|
(10)
|
(12)
|
(15)
|
(16)
|
(15)
|
(17)
|
(19)
|
(18)
|
(16)
|
(11)
|
(7)
|
5
|
1
|
(18)
|
(17)
|
(11)
|
(10)
|
|
Income from Continuing Operations |
100
|
101
|
120
|
133
|
134
|
116
|
64
|
53
|
87
|
116
|
156
|
137
|
78
|
29
|
64
|
67
|
30
|
49
|
46
|
52
|
59
|
56
|
31
|
42
|
73
|
79
|
73
|
42
|
12
|
30
|
33
|
27
|
34
|
46
|
29
|
(27)
|
|
Income to Minority Interest |
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Net Income (Common) |
98
N/A
|
101
+3%
|
120
+19%
|
133
+11%
|
133
0%
|
115
-14%
|
62
-46%
|
51
-18%
|
86
+68%
|
115
+34%
|
155
+35%
|
136
-12%
|
76
-44%
|
27
-64%
|
63
+131%
|
65
+4%
|
28
-57%
|
47
+68%
|
45
-4%
|
50
+11%
|
57
+15%
|
54
-6%
|
29
-47%
|
40
+39%
|
71
+78%
|
77
+9%
|
72
-8%
|
40
-44%
|
11
-74%
|
28
+167%
|
31
+9%
|
25
-18%
|
33
+30%
|
45
+36%
|
27
-39%
|
(28)
N/A
|
|
EPS (Diluted) |
0.22
N/A
|
0.23
+5%
|
0.28
+22%
|
0.31
+11%
|
0.31
N/A
|
0.27
-13%
|
0.15
-44%
|
0.12
-20%
|
0.2
+67%
|
0.27
+35%
|
0.36
+33%
|
0.32
-11%
|
0.18
-44%
|
0.06
-67%
|
0.14
+133%
|
0.15
+7%
|
0.07
-53%
|
0.11
+57%
|
0.11
N/A
|
0.12
+9%
|
0.13
+8%
|
0.13
N/A
|
0.07
-46%
|
0.09
+29%
|
0.17
+89%
|
0.18
+6%
|
0.17
-6%
|
0.09
-47%
|
0.02
-78%
|
0.07
+250%
|
0.07
N/A
|
0.06
-14%
|
0.08
+33%
|
0.1
+25%
|
0.06
-40%
|
-0.06
N/A
|