Mulsanne Group Holding Limited (01817.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.2B	2.1B	2.3B	2.3B	2.3B
Cost of Revenue	2.0B	1.0B	1.1B	1.1B	1.2B
Gross Profit	2.2B	1.0B	1.2B	1.2B	1.1B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	2.1B	993.4M	1.1B	1.1B	1.1B
General & Admin Expense	267.0M	168.6M	210.5M	207.4M	205.1M
Selling & Marketing Expense	1.3B	824.3M	934.1M	920.8M	883.5M
Other Expenses	—	—	(9.1M)	7.0M	7.5M
Total Operating Expenses	2.1B	993.4M	1.1B	1.1B	1.1B
Cost and Expenses	4.0B	2.0B	2.2B	2.3B	2.3B
Operating Income (EBIT)	127.9M	55.0M	63.5M	77.0M	41.8M
Non-Operating
Interest Income	13.1M	2.2M	20.3M	25.3M	32.0M
Interest Expense	41.9M	25.9M	53.2M	67.8M	63.1M
Net Interest Income	(43.5M)	(23.8M)	(32.9M)	(42.5M)	(31.1M)
Other Non-Op Income/Expense	(18.3M)	(13.2M)	(14.4M)	(25.2M)	(20.1M)
Non-Operating Income (excl Interest)	15.1M	10.4M	6.4M	(21.5M)	20.3M
EBT (Pre-Tax Income)	109.7M	41.8M	49.1M	51.8M	21.6M
Income Tax Expense	32.4M	10.2M	18.2M	14.6M	12.3M
Bottom Line
Net Income	77.3M	31.6M	31.0M	39.6M	12.4M
Earnings from Cont. Ops	77.3M	31.6M	30.9M	37.2M	9.4M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	77.3M	31.6M	31.0M	39.6M	12.4M
Per Share
Basic EPS	HK$0.08	HK$0.03	HK$0.03	HK$0.04	HK$0.01
Diluted EPS	HK$0.08	HK$0.03	HK$0.03	HK$0.04	HK$0.01
Revenue Per Share	HK$4.57	HK$2.25	HK$2.49	HK$2.55	HK$2.55
Shares
Basic Shares Outstanding	912.5M	912.5M	912.5M	912.5M	912.5M
Diluted Shares Outstanding	912.5M	912.5M	912.5M	912.5M	916.6M
Profitability Metrics
EBITDA	293.4M	104.2M	122.5M	299.5M	85.1M
D&A	180.6M	59.5M	65.4M	179.9M	63.6M
EBIT	112.8M	44.6M	57.1M	119.6M	21.5M

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