Pu'er Lancang Ancient Tea Co., Ltd. (06911.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023
Revenue
Total Revenue	262.6M	218.7M	361.3M	527.3M
Cost of Revenue	112.1M	105.0M	173.3M	174.2M
Gross Profit	150.6M	113.7M	188.0M	353.1M
Operating Expenses
R&D Expense	6.1M	3.8M	—	—
SG&A Expense	57.5M	69.0M	267.5M	251.2M
General & Admin Expense	11.5M	21.5M	95.7M	88.9M
Selling & Marketing Expense	43.7M	47.5M	171.8M	161.2M
Other Expenses	128.6M	110.4M	198.1M	(3.0M)
Total Operating Expenses	192.2M	183.2M	465.6M	248.2M
Cost and Expenses	304.3M	288.2M	638.9M	422.5M
Operating Income (EBIT)	(41.7M)	(69.5M)	(277.6M)	104.9M
Non-Operating
Interest Income	—	199.6K	681.0K	456.0K
Interest Expense	—	15.4M	15.1M	15.8M
Net Interest Income	(13.6M)	(15.2M)	(14.4M)	(15.4M)
Other Non-Op Income/Expense	(15.7M)	(913.4K)	(15.7M)	(12.5M)
Non-Operating Income (excl Interest)	(18.9M)	(10.0M)	618.0K	(3.3M)
EBT (Pre-Tax Income)	(57.3M)	(70.4M)	(293.3M)	92.3M
Income Tax Expense	16.9M	21.2M	15.3M	13.8M
Bottom Line
Net Income	(59.6M)	(91.0M)	(307.5M)	80.1M
Earnings from Cont. Ops	(60.3M)	(91.6M)	(308.6M)	78.5M
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	(59.6M)	(91.0M)	(307.5M)	80.1M
Per Share
Basic EPS	(HK$0.40)	(HK$0.69)	(HK$3.23)	HK$0.84
Diluted EPS	(HK$0.42)	(HK$0.69)	(HK$3.23)	HK$0.84
Revenue Per Share	HK$4.35	HK$1.66	HK$3.79	HK$5.53
Shares
Basic Shares Outstanding	60.4M	131.9M	95.3M	95.3M
Diluted Shares Outstanding	60.4M	132.0M	95.3M	95.3M
Profitability Metrics
EBITDA	(16.8M)	(54.1M)	(219.4M)	168.4M
D&A	6.0M	5.4M	58.8M	60.3M
EBIT	(22.8M)	(59.5M)	(278.2M)	108.2M

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