Midland Ic&I Ltd
HKEX:459
Income Statement
Earnings Waterfall
Midland Ic&I Ltd
Income Statement
Midland Ic&I Ltd
| Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
6
|
7
|
10
|
12
|
13
|
14
|
12
|
9
|
5
|
5
|
11
|
19
|
23
|
25
|
23
|
0
|
|
| Revenue |
20
N/A
|
21
+3%
|
22
+7%
|
21
-4%
|
20
-5%
|
20
-1%
|
20
-3%
|
22
+14%
|
25
+12%
|
31
+26%
|
27
-13%
|
168
+521%
|
223
+33%
|
27
-88%
|
358
+1 221%
|
310
-13%
|
332
+7%
|
464
+40%
|
507
+9%
|
513
+1%
|
313
-39%
|
637
+103%
|
735
+15%
|
629
-14%
|
535
-15%
|
442
-17%
|
266
-40%
|
343
+29%
|
490
+43%
|
541
+10%
|
515
-5%
|
450
-13%
|
418
-7%
|
397
-5%
|
368
-7%
|
357
-3%
|
396
+11%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(6)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(5)
|
(7)
|
(9)
|
(13)
|
(13)
|
0
|
0
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gross Profit |
14
N/A
|
14
+4%
|
15
+6%
|
14
-4%
|
15
+3%
|
15
-2%
|
14
-1%
|
15
+7%
|
16
+2%
|
18
+18%
|
15
-20%
|
0
N/A
|
0
N/A
|
17
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(23)
|
(23)
|
(21)
|
(21)
|
(19)
|
(19)
|
(18)
|
(17)
|
(16)
|
(22)
|
(23)
|
(160)
|
(204)
|
(23)
|
(284)
|
(232)
|
(274)
|
(344)
|
(374)
|
(383)
|
(256)
|
(527)
|
(612)
|
(539)
|
(496)
|
(414)
|
(287)
|
(334)
|
(438)
|
(464)
|
(487)
|
(427)
|
(376)
|
(345)
|
(316)
|
(318)
|
(362)
|
|
| Selling, General & Administrative |
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(16)
|
(16)
|
(15)
|
(20)
|
(20)
|
(83)
|
(113)
|
(22)
|
(207)
|
(197)
|
(206)
|
(264)
|
(290)
|
(301)
|
(186)
|
(368)
|
(396)
|
(348)
|
(294)
|
(240)
|
(177)
|
(202)
|
(266)
|
(316)
|
(282)
|
(231)
|
(226)
|
(208)
|
(199)
|
(202)
|
(186)
|
|
| Depreciation & Amortization |
(6)
|
(6)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(4)
|
(1)
|
(6)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(20)
|
(38)
|
(37)
|
(34)
|
(30)
|
(28)
|
(30)
|
(32)
|
(30)
|
(29)
|
(26)
|
(22)
|
(19)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(74)
|
(87)
|
0
|
(71)
|
(31)
|
(64)
|
(76)
|
(81)
|
(80)
|
(69)
|
(156)
|
(212)
|
(188)
|
(182)
|
(136)
|
(74)
|
(98)
|
(143)
|
(119)
|
(175)
|
(165)
|
(120)
|
(108)
|
(92)
|
(94)
|
(157)
|
|
| Operating Income |
(10)
N/A
|
(9)
+11%
|
(6)
+28%
|
(6)
N/A
|
(5)
+23%
|
(4)
+9%
|
(4)
+19%
|
(2)
+49%
|
(1)
+67%
|
(3)
-433%
|
(8)
-144%
|
9
N/A
|
19
+120%
|
(6)
N/A
|
75
N/A
|
78
+5%
|
58
-25%
|
121
+107%
|
133
+10%
|
129
-3%
|
58
-55%
|
111
+92%
|
123
+11%
|
89
-27%
|
39
-56%
|
28
-28%
|
(21)
N/A
|
9
N/A
|
52
+493%
|
78
+50%
|
28
-64%
|
23
-18%
|
42
+83%
|
52
+25%
|
52
-1%
|
39
-25%
|
34
-13%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
4
|
5
|
7
|
5
|
5
|
5
|
4
|
4
|
4
|
3
|
0
|
5
|
5
|
(10)
|
(5)
|
(20)
|
(3)
|
(31)
|
(7)
|
(8)
|
(8)
|
(21)
|
(28)
|
(43)
|
(45)
|
(70)
|
(111)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
(14)
|
(25)
|
0
|
(28)
|
(31)
|
(26)
|
(4)
|
(11)
|
(17)
|
(19)
|
(9)
|
(29)
|
(31)
|
13
|
(3)
|
(7)
|
3
|
(4)
|
3
|
(3)
|
(9)
|
7
|
12
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(9)
N/A
|
(9)
+10%
|
(6)
+27%
|
(6)
N/A
|
(5)
+27%
|
(4)
+4%
|
(4)
+19%
|
(2)
+49%
|
(2)
-17%
|
(2)
+10%
|
(4)
-95%
|
14
N/A
|
26
+84%
|
(1)
N/A
|
65
N/A
|
58
-11%
|
62
+8%
|
96
+54%
|
106
+10%
|
106
N/A
|
54
-49%
|
105
+93%
|
111
+6%
|
60
-46%
|
25
-59%
|
(20)
N/A
|
(56)
-172%
|
(10)
+83%
|
42
N/A
|
63
+50%
|
23
-64%
|
(2)
N/A
|
17
N/A
|
6
-64%
|
(2)
N/A
|
(23)
-844%
|
(66)
-181%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(6)
|
0
|
(11)
|
(9)
|
(9)
|
(18)
|
(21)
|
(21)
|
(10)
|
(15)
|
(16)
|
(12)
|
(5)
|
1
|
7
|
2
|
(9)
|
(13)
|
(5)
|
(1)
|
(3)
|
(8)
|
(7)
|
(3)
|
(4)
|
|
| Income from Continuing Operations |
(9)
|
(9)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(4)
|
11
|
20
|
(1)
|
54
|
49
|
53
|
78
|
86
|
85
|
45
|
90
|
95
|
48
|
19
|
(20)
|
(48)
|
(8)
|
33
|
50
|
17
|
(4)
|
13
|
(2)
|
(10)
|
(27)
|
(70)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
|
| Net Income (Common) |
(10)
N/A
|
(9)
+9%
|
(6)
+26%
|
(6)
N/A
|
(4)
+34%
|
(4)
+10%
|
(3)
+29%
|
(1)
+70%
|
(1)
-75%
|
(1)
+29%
|
(3)
-200%
|
11
N/A
|
20
+85%
|
(1)
N/A
|
54
N/A
|
49
-10%
|
53
+8%
|
79
+49%
|
87
+9%
|
87
+0%
|
45
-48%
|
90
+101%
|
95
+6%
|
48
-49%
|
19
-60%
|
(20)
N/A
|
(48)
-147%
|
(7)
+85%
|
34
N/A
|
50
+48%
|
17
-66%
|
(4)
N/A
|
13
N/A
|
(1)
N/A
|
(9)
-1 092%
|
(26)
-198%
|
(69)
-165%
|
|
| EPS (Diluted) |
-0.02
N/A
|
-0.02
N/A
|
-0.01
+50%
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.02
+100%
|
0
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.06
+20%
|
0.06
N/A
|
0.06
N/A
|
0.03
-50%
|
0.05
+67%
|
0.05
N/A
|
0.03
-40%
|
0.01
-67%
|
-0.01
N/A
|
-0.03
-200%
|
0
N/A
|
0.02
N/A
|
0.03
+50%
|
0.01
-67%
|
0
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
-0.04
-300%
|
|