01631.HK
REF Holdings Limited
HKSE · Industrials · Specialty Business Services · HK
HKD 1.33
+0.00%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 121.3M | 92.3M | 106.4M | 124.0M | 129.7M |
| Cost of Revenue | 60.5M | 45.7M | 50.3M | 60.8M | 63.5M |
| Gross Profit | 60.8M | 46.6M | 56.1M | 63.2M | 66.2M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 57.8M | 43.1M | 49.0M | 50.5M | 52.8M |
| General & Admin Expense | 24.1M | 31.2M | 36.7M | 37.6M | 38.4M |
| Selling & Marketing Expense | 9.3M | 12.1M | 12.1M | 13.7M | 14.4M |
| Other Expenses | — | — | — | — | 2.1M |
| Total Operating Expenses | 57.8M | 43.1M | 49.0M | 50.5M | 54.9M |
| Cost and Expenses | 118.3M | 88.8M | 99.2M | 111.3M | 116.0M |
| Operating Income (EBIT) | 3.0M | 3.5M | 7.1M | 12.7M | 11.3M |
| Non-Operating | |||||
| Interest Income | 890.0K | 1.6M | 1.6M | 1.8M | 985.0K |
| Interest Expense | 1.1M | 1.5M | 1.7M | 603.0K | 1.1M |
| Net Interest Income | (441.0K) | 155.0K | (19.0K) | 1.2M | (87.0K) |
| Other Non-Op Income/Expense | 590.5K | (139.0K) | (336.0K) | 1.2M | 1.7M |
| Non-Operating Income (excl Interest) | — | — | (1.3M) | (1.8M) | (2.7M) |
| EBT (Pre-Tax Income) | 3.6M | 3.4M | 6.8M | 13.9M | 13.0M |
| Income Tax Expense | (460.5K) | 387.0K | 1.1M | 2.2M | 1.8M |
| Bottom Line | |||||
| Net Income | 2.8M | 3.0M | 5.7M | 11.7M | 11.2M |
| Earnings from Cont. Ops | 2.8M | 3.0M | 5.7M | 11.7M | 11.2M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 3.6M | 3.0M | 5.7M | 11.7M | 11.2M |
| Per Share | |||||
| Basic EPS | HK$0.01 | HK$0.01 | HK$0.02 | HK$0.05 | HK$0.04 |
| Diluted EPS | HK$0.01 | HK$0.01 | HK$0.02 | HK$0.05 | HK$0.04 |
| Revenue Per Share | HK$0.46 | HK$0.36 | HK$0.42 | HK$0.48 | HK$0.51 |
| Shares | |||||
| Basic Shares Outstanding | 265.9M | 256.0M | 256.0M | 256.0M | 256.0M |
| Diluted Shares Outstanding | 265.9M | 256.0M | 256.0M | 256.0M | 256.0M |
| Profitability Metrics | |||||
| EBITDA | 13.5M | 5.2M | 28.9M | 38.0M | 38.0M |
| D&A | 10.5M | 1.7M | 20.5M | 23.5M | 24.0M |
| EBIT | 3.0M | 3.5M | 8.4M | 14.5M | 14.0M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026