1631 — REF Holdings Income Statement

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IndustrialsHighly SpeculativeMicro CapFalling Star

Annual income statement for REF Holdings, fiscal year end - December 31st, HKD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	PRESS
Standards:	IFRS	IFRS	IFRS	IFRS	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	135	130	124	106	92.3
Cost of Revenue
Gross Profit	72.2	66.2	63.2	56.1	46.6
Selling / General / Administrative Expenses
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	123	116	110	97.9	87.4
Operating Profit	12	14	14.5	8.44	4.85
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	11.1	13	13.9	6.78	3.36
Provision for Income Taxes
Net Income After Taxes	8.63	11.2	11.7	5.67	2.98
Net Income Before Extraordinary Items
Net Income	8.63	11.2	11.7	5.67	2.98
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	8.63	11.2	11.7	5.67	2.98
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.043	0.036	0.046	0.023	0.012
Dividends per Share