08292.HK
VSING Limited
HKSE · Industrials · Integrated Freight & Logistics · MY
HKD 0.11
+9.18%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 181.4M | 117.0M | 85.5M | 116.4M | 134.6M |
| Cost of Revenue | 158.6M | 104.7M | 77.8M | 108.7M | 121.3M |
| Gross Profit | 22.8M | 12.3M | 7.7M | 7.6M | 13.3M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 38.7M | 23.4M | 16.5M | 21.5M | 22.6M |
| General & Admin Expense | 10.0M | 20.3M | 12.8M | 14.5M | 14.0M |
| Selling & Marketing Expense | 1.5M | 3.1M | 3.7M | 6.9M | 8.6M |
| Other Expenses | — | (2.1M) | 83.0K | (1.3M) | 7.2M |
| Total Operating Expenses | 38.7M | 21.3M | 16.6M | 20.2M | 29.8M |
| Cost and Expenses | 197.3M | 126.0M | 94.4M | 129.0M | 151.2M |
| Operating Income (EBIT) | (12.9M) | (9.5M) | (9.2M) | (12.9M) | (16.6M) |
| Non-Operating | |||||
| Interest Income | — | 112.0K | 538.0K | 863.0K | 239.0K |
| Interest Expense | 820.9K | 649.3K | 494.0K | 508.0K | 761.0K |
| Net Interest Income | (904.3K) | (537.3K) | 44.0K | 355.0K | (522.0K) |
| Other Non-Op Income/Expense | (64.2M) | (64.7M) | 1.5M | (8.1M) | 3.1M |
| Non-Operating Income (excl Interest) | (451.0K) | — | — | — | — |
| EBT (Pre-Tax Income) | (77.1M) | (74.2M) | (7.4M) | (20.8M) | (13.5M) |
| Income Tax Expense | (218.2K) | (112.0K) | 29.0K | 10.0K | (396.0K) |
| Bottom Line | |||||
| Net Income | (111.8M) | (74.5M) | (6.2M) | (20.4M) | (12.6M) |
| Earnings from Cont. Ops | (110.3M) | (74.1M) | (7.5M) | (20.8M) | (13.1M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (111.8M) | (70.7M) | (6.2M) | (20.4M) | (12.6M) |
| Per Share | |||||
| Basic EPS | (HK$0.12) | (HK$0.08) | (HK$0.01) | (HK$0.03) | (HK$0.02) |
| Diluted EPS | (HK$0.12) | (HK$0.08) | (HK$0.01) | (HK$0.03) | (HK$0.02) |
| Revenue Per Share | HK$0.17 | HK$0.13 | HK$0.13 | HK$0.18 | HK$0.21 |
| Shares | |||||
| Basic Shares Outstanding | 1.1B | 879.2M | 633.6M | 633.6M | 633.6M |
| Diluted Shares Outstanding | 1.1B | 879.2M | 633.6M | 633.6M | 633.6M |
| Profitability Metrics | |||||
| EBITDA | (4.0M) | (5.2M) | (8.9M) | (17.4M) | (9.3M) |
| D&A | 8.5M | 3.8M | 305.0K | 2.9M | 3.5M |
| EBIT | (12.4M) | (9.0M) | (9.2M) | (12.9M) | (12.7M) |
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 Jun 1, 2026