Kwan Yong Holdings Limited (09998.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	426.9M	239.9M	133.8M	111.4M	77.8M
Cost of Revenue	385.5M	215.3M	126.1M	102.8M	74.0M
Gross Profit	41.4M	24.6M	7.7M	8.6M	3.8M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	22.5M	11.8M	9.7M	7.4M	6.4M
General & Admin Expense	17.6M	11.8M	9.7M	7.4M	6.6M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	(112.0K)	(23.0K)	—
Total Operating Expenses	22.5M	11.8M	9.6M	7.3M	6.4M
Cost and Expenses	408.1M	227.0M	135.7M	110.2M	80.4M
Operating Income (EBIT)	18.9M	12.9M	(1.9M)	1.3M	(2.6M)
Non-Operating
Interest Income	3.3M	1.6M	1.4M	454.0K	46.0K
Interest Expense	69.9K	—	150.0K	135.0K	181.0K
Net Interest Income	3.1M	1.6M	1.2M	319.0K	(135.0K)
Other Non-Op Income/Expense	9.6M	2.3M	1.9M	1.1M	1.4M
Non-Operating Income (excl Interest)	—	—	(2.0M)	—	(1.6M)
EBT (Pre-Tax Income)	23.4M	15.2M	11.0K	2.4M	(382.0K)
Income Tax Expense	2.3M	2.4M	(1.6M)	65.0K	9.0K
Bottom Line
Net Income	21.0M	12.8M	1.6M	2.3M	(391.0K)
Earnings from Cont. Ops	21.0M	12.8M	1.6M	2.3M	(391.0K)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	21.0M	12.8M	1.6M	2.3M	(391.0K)
Per Share
Basic EPS	HK$0.03	HK$0.02	HK$0.00	HK$0.00	(HK$0.00)
Diluted EPS	HK$0.03	HK$0.02	HK$0.00	HK$0.00	(HK$0.00)
Revenue Per Share	HK$0.53	HK$0.30	HK$0.17	HK$0.14	HK$0.10
Shares
Basic Shares Outstanding	800.0M	800.0M	800.0M	800.0M	800.0M
Diluted Shares Outstanding	800.0M	800.0M	800.0M	800.0M	800.0M
Profitability Metrics
EBITDA	23.6M	15.3M	382.0K	3.6M	(283.0K)
D&A	4.7M	2.5M	2.4M	2.3M	2.3M
EBIT	18.9M	12.9M	(2.0M)	1.3M	(2.6M)

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