Liaoning Port Co., Ltd. (02880.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	11.0B	11.0B	11.1B	12.2B	12.0B
Cost of Revenue	7.9B	7.9B	8.7B	8.8B	8.9B
Gross Profit	3.1B	3.1B	2.4B	3.4B	3.1B
Operating Expenses
R&D Expense	28.7M	24.0M	20.2M	39.3M	5.7M
SG&A Expense	647.8M	130.3M	755.6M	676.9M	169.1M
General & Admin Expense	247.9M	129.1M	753.3M	675.1M	169.1M
Selling & Marketing Expense	—	1.3M	2.2M	1.8M	—
Other Expenses	178.6M	604.5M	(197.2M)	668.6M	625.7M
Total Operating Expenses	855.2M	758.9M	578.6M	1.4B	800.4M
Cost and Expenses	8.8B	8.7B	9.3B	10.2B	9.7B
Operating Income (EBIT)	2.2B	2.3B	1.8B	2.0B	2.6B
Non-Operating
Interest Income	119.0M	51.4M	65.5M	74.3M	94.0M
Interest Expense	395.3M	428.6M	447.3M	501.5M	542.9M
Net Interest Income	(276.1M)	(377.3M)	(382.9M)	(427.2M)	(449.8M)
Other Non-Op Income/Expense	(147.6M)	(227.8M)	(5.7M)	29.6M	(658.7M)
Non-Operating Income (excl Interest)	(219.6M)	—	(441.6M)	(531.1M)	115.8M
EBT (Pre-Tax Income)	2.0B	2.1B	1.8B	2.0B	1.9B
Income Tax Expense	497.6M	555.6M	443.0M	527.7M	461.7M
Bottom Line
Net Income	1.2B	1.3B	1.1B	1.3B	1.3B
Earnings from Cont. Ops	1.5B	1.6B	1.4B	1.5B	1.5B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.2B	1.3B	1.1B	1.3B	1.3B
Per Share
Basic EPS	HK$0.06	HK$0.05	HK$0.05	HK$0.06	HK$0.05
Diluted EPS	HK$0.06	HK$0.05	HK$0.05	HK$0.06	HK$0.05
Revenue Per Share	HK$0.47	HK$0.47	HK$0.20	HK$0.22	HK$0.21
Shares
Basic Shares Outstanding	23.6B	23.6B	55.6B	55.8B	55.8B
Diluted Shares Outstanding	23.6B	23.6B	55.6B	55.8B	55.8B
Profitability Metrics
EBITDA	3.5B	4.8B	4.6B	4.8B	4.8B
D&A	1.2B	2.4B	2.3B	2.3B	2.3B
EBIT	2.3B	2.3B	2.2B	2.5B	2.5B

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