PPS International (Holdings) Limited (08201.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	634.4M	502.4M	488.1M	395.4M	370.3M
Cost of Revenue	589.0M	466.5M	454.5M	365.3M	336.0M
Gross Profit	45.4M	36.0M	33.6M	30.1M	34.4M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	25.1M	28.3M	27.3M	24.8M	24.2M
General & Admin Expense	22.4M	25.6M	24.3M	22.3M	21.7M
Selling & Marketing Expense	2.7M	2.7M	3.0M	2.5M	2.5M
Other Expenses	14.5M	7.9M	—	7.0M	(1.6M)
Total Operating Expenses	39.6M	36.2M	27.3M	31.8M	22.5M
Cost and Expenses	628.6M	502.7M	481.8M	389.3M	358.5M
Operating Income (EBIT)	5.8M	(225.0K)	6.3M	(1.8M)	8.6M
Non-Operating
Interest Income	96.0K	238.0K	140.0K	87.0K	127.0K
Interest Expense	618.0K	666.0K	818.0K	656.0K	1.0M
Net Interest Income	(780.5K)	(428.0K)	(678.0K)	(569.0K)	(890.0K)
Other Non-Op Income/Expense	(6.0M)	(5.9M)	(9.8M)	(2.0M)	3.2M
Non-Operating Income (excl Interest)	—	5.2M	9.0M	9.2M	(4.2M)
EBT (Pre-Tax Income)	(158.0K)	(6.1M)	(3.6M)	(3.8M)	11.8M
Income Tax Expense	2.0M	1.2M	1.2M	1.5M	888.0K
Bottom Line
Net Income	245.0K	(6.9M)	(4.4M)	(5.0M)	10.7M
Earnings from Cont. Ops	(205.0K)	(7.3M)	(4.8M)	(5.3M)	10.9M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	245.0K	(6.9M)	(4.4M)	(5.0M)	10.7M
Per Share
Basic EPS	HK$0.00	(HK$0.01)	(HK$0.01)	(HK$0.01)	HK$0.02
Diluted EPS	HK$0.00	(HK$0.01)	(HK$0.01)	(HK$0.01)	HK$0.02
Revenue Per Share	HK$1.17	HK$0.93	HK$0.90	HK$0.73	HK$0.69
Shares
Basic Shares Outstanding	540.0M	540.0M	540.0M	540.0M	540.0M
Diluted Shares Outstanding	540.0M	540.0M	540.0M	540.0M	540.0M
Profitability Metrics
EBITDA	9.4M	(799.0K)	2.2M	667.0K	18.1M
D&A	4.4M	4.6M	4.9M	3.8M	5.3M
EBIT	10.8M	(5.4M)	(2.7M)	(3.1M)	12.8M

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