Heng Hup Holdings Limited (01891.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	3.2B	1.5B	1.7B	1.3B	1.4B
Cost of Revenue	2.9B	1.3B	1.6B	1.3B	1.4B
Gross Profit	249.0M	123.1M	126.0M	77.1M	52.3M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	190.6M	100.6M	86.4M	60.2M	50.7M
General & Admin Expense	62.7M	31.6M	31.1M	28.6M	24.9M
Selling & Marketing Expense	124.3M	69.0M	55.3M	31.7M	25.8M
Other Expenses	25.7K	1.9M	1.7M	(1.0M)	(4.8M)
Total Operating Expenses	190.6M	102.5M	88.1M	59.2M	45.9M
Cost and Expenses	3.1B	1.4B	1.7B	1.3B	1.4B
Operating Income (EBIT)	58.4M	20.5M	37.9M	17.9M	6.5M
Non-Operating
Interest Income	2.5M	1.5M	445.0K	666.0K	249.0K
Interest Expense	8.8M	4.0M	5.5M	4.2M	2.4M
Net Interest Income	(7.6M)	(2.5M)	(5.0M)	(3.5M)	(2.2M)
Other Non-Op Income/Expense	(7.7M)	(2.6M)	(5.0M)	(3.5M)	(2.2M)
Non-Operating Income (excl Interest)	(1.0M)	153.0K	(1.2M)	(666.0K)	(249.0K)
EBT (Pre-Tax Income)	50.8M	17.9M	32.9M	14.3M	4.3M
Income Tax Expense	18.3M	7.0M	11.3M	6.1M	2.8M
Bottom Line
Net Income	40.0M	14.6M	25.5M	8.5M	2.4M
Earnings from Cont. Ops	32.4M	10.9M	21.5M	8.2M	1.5M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	40.0M	14.6M	25.5M	8.5M	2.4M
Per Share
Basic EPS	HK$0.04	HK$0.01	HK$0.03	HK$0.01	HK$0.00
Diluted EPS	HK$0.04	HK$0.01	HK$0.03	HK$0.01	HK$0.00
Revenue Per Share	HK$3.16	HK$1.46	HK$1.71	HK$1.35	HK$1.40
Shares
Basic Shares Outstanding	1.0B	1.0B	1.0B	1000.0M	1.0B
Diluted Shares Outstanding	1.0B	1.0B	1.0B	1.0B	1.0B
Profitability Metrics
EBITDA	73.9M	27.8M	45.1M	26.5M	13.5M
D&A	14.4M	7.4M	6.1M	8.0M	6.8M
EBIT	59.5M	20.4M	39.1M	18.5M	6.7M

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 Dec 1, 2025