Financial Highlights Five-Year Financial Summary Financial Calendar List of Analysts

Income Statement Highlights

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(HKD’ million) 2023 2022 2021 2020 2019
Revenue and other income 4,406 3,667 4,977 4,472 15,055
Adjusted EBITDA1 813 732 2,195 2,463 6,979
Profit/(loss) attributable to Owners of the Company (677) (558) 962 262 3,456
Adjusted profit/(loss) excluding fair value changes on investment properties (209) (102) 1,052 1,089 3,623
Basic and diluted earnings/(loss) per share (HK cents) (22.4) (18.5) 31.9 8.7 114.3
Total dividend (HK cents) - - - - 18.0
Interim - - - - -
Final - - - - 18.0
Special - - - - -
Payout Ratio2 - - - - 15.0%
  1. Adjusted EBITDA = Operating Profit – fair value changes on investment properties + depreciation and amortisation + share of results of associates and joint ventures#
    # Share of results of associates and joint ventures excludes the shares of the revaluation surplus from those investment properties that are owned by associates and joint ventures
  2. Payout ratio: Total dividends / Adjusted profit attributable to owners of the Company##
    ## Adjusted profit attributable to owners of the Company excluded the effect of net revaluation change of investment properties held by the Group, associates and joint ventures and one-off disposal gain, but included the effect of net realised revaluation surplus of investment properties sold.

Revenue and Other Income by Division*

FY23 FY22
Property 82.8% 86.5%
Hospitality 14% 9.9%
Investment 3.2% 3.6%
Total 100% 100%

* Revenue and other income by division excludes interest income and unallocated income

Revenue and Other Income by Geographical Area*

FY23 FY22
Macau 18.2% 29.5%
Hong Kong 14.1% 12.3%
Mainland 5.1% 5.8%
Singapore 62.4% 51.7%
Others 0.2% 0.7%
Total 100% 100%

* Revenue and other income by geographical area excludes interest income and unallocated income

Adjusted EBITDA**
(HKD’ million)

** Adjusted EBITDA = Operating Profit – fair value changes on investment properties + depreciation and amortisation + share of results of associates and joint ventures#
# Share of results of associates and joint ventures excludes the shares of the revaluation surplus from those investment properties that are owned by associates and joint ventures