Miramar Hotel & Investment Co., Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Net Sales

2,858.42

2,552.59

1,382.23

1,247.03

1,314.61

3,061.70

3,199.08

Other Operating Income

0.00

Total Operating income

2,858.42

2,552.59

1,382.23

1,247.03

1,314.61

3,061.70

3,199.08

Raw Material Cost

1,937.58

1,653.33

760.82

624.28

778.62

2,030.38

2,067.77

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

556.77

512.43

411.61

360.56

382.99

473.27

511.70

Power Cost

0.00

Manufacturing Expenses

2.66

2.27

2.14

2.23

3.32

3.94

1.11

Selling and Distribution Expenses

262.44

228.36

163.87

138.92

128.03

210.96

232.64

Other Expenses

-55.94

-51.47

-41.37

-36.28

-38.63

-47.72

-51.28

Total Expenditure (Excl Depreciation)

2,200.02

1,881.69

924.68

763.20

906.65

2,241.35

2,300.41

Operating Profit (PBDIT) excl Other Income

658.4000000000001

670.9000000000001

457.5

483.8

408

820.4000000000001

898.7

Other Income

301.21

299.80

111.15

76.72

106.21

160.39

137.10

Operating Profit (PBDIT)

1,036.46

1,037.92

626.48

627.06

603.97

1,113.35

1,134.91

Interest

2.66

2.27

2.14

2.23

3.32

3.94

1.11

Exceptional Items

-34.50

159.53

13.45

-135.74

-102.74

503.94

783.48

Gross Profit (PBDT)

920.84

899.27

621.41

622.75

535.99

1,031.32

1,131.31

Depreciation

76.84

67.21

57.78

66.51

89.81

132.60

99.14

Profit Before Tax

922.46

1,127.97

580.01

422.58

408.10

1,480.75

1,818.13

Tax

120.24

110.84

91.65

87.11

99.37

144.04

158.62

Provisions and contingencies

0.00

Profit After Tax

746.56

977.14

480.10

329.96

301.90

1,288.23

1,624.15

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

746.56

977.14

480.10

329.96

301.90

1,288.23

1,624.15

Share in Profit of Associates

0.00

Minority Interest

55.72

40.17

8.44

5.70

7.04

48.60

35.36

Other related items

0.00

Consolidated Net Profit

802.28

1,017.31

488.54

335.65

308.94

1,336.83

1,659.51

Equity Capital

0.00

Face Value

0.0

Reserves

20,883.30

20,485.30

19,966.16

19,881.69

19,850.64

19,881.53

19,026.79

Earnings per share (EPS)

1.08

1.41

0.69

0.48

0.44

1.86

2.36

Diluted Earnings per share

1.08

1.41

0.69

0.48

0.44

1.86

2.36

Operating Profit Margin (Excl OI)

23.03%

26.28%

33.1%

38.8%

31.03%

26.79%

28.09%

Gross Profit Margin

34.96%

46.82%

46.14%

39.22%

37.88%

52.69%

59.93%

PAT Margin

26.12%

38.28%

34.73%

26.46%

22.96%

42.08%

50.77%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2024 is 11.98% vs 84.68% in Dec 2023

Consolidate Net Profit

YoY Growth in year ended Dec 2024 is -21.13% vs 108.25% in Dec 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2024 is -0.38% vs 43.24% in Dec 2023

Interest

YoY Growth in year ended Dec 2024 is 17.39% vs 9.52% in Dec 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2024 has fallen from Dec 2023

Compare Annual Results Of Miramar Hotel & Investment Co., Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(HKD)

Change(%)

Net Sales

2,858.42

7,556.50

-4,698.08

-62.17%

Other Operating Income

0.00

Total Operating income

2,858.42

7,556.50

-4,698.08

-62.17%

Raw Material Cost

1,937.58

5,955.63

-4,018.05

-67.47%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

556.77

2,969.77

-2,413.00

-81.25%

Power Cost

0.00

Manufacturing Expenses

2.66

6.72

-4.06

-60.42%

Selling and Distribution Expenses

262.44

2,129.07

-1,866.63

-87.67%

Other Expenses

-55.94

-297.65

241.71

81.21%

Total Expenditure (Excl Depreciation)

2,200.02

8,084.70

-5,884.68

-72.79%

Operating Profit (PBDIT) excl Other Income

658.41

-528.20

1,186.61

224.65%

Other Income

301.21

84.96

216.25

254.53%

Operating Profit (PBDIT)

1,036.46

-275.53

1,311.99

476.17%

Interest

2.66

6.72

-4.06

-60.42%

Exceptional Items

-34.50

-168.37

133.87

79.51%

Gross Profit (PBDT)

920.84

1,600.87

-680.03

-42.48%

Depreciation

76.84

167.71

-90.87

-54.18%

Profit Before Tax

922.46

-618.33

1,540.79

249.19%

Tax

120.24

-149.61

269.85

180.37%

Provisions and contingencies

0.00

Profit After Tax

746.56

-489.20

1,235.76

252.61%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

746.56

-489.20

1,235.76

252.61%

Share in Profit of Associates

0.00

Minority Interest

55.72

19.58

36.14

184.58%

Other related items

0.00

Consolidated Net Profit

802.28

-469.62

1,271.90

270.84%

Equity Capital

0.00

Face Value

0.00

Reserves

20,883.30

5,496.80

15,386.50

279.92%

Earnings per share (EPS)

1.08

-0.16

1.24

775.00%

Diluted Earnings per share

1.08

-0.16

1.24

775.00%

Operating Profit Margin (Excl OI)

23.03%

-6.99%

0.00

30.02%

Gross Profit Margin

34.96%

-5.96%

0.00

40.92%

PAT Margin

26.12%

-6.47%

0.00

32.59%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 285.84 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 11.98% vs 84.68% in Dec 2023

Annual - Consolidate Net Profit

Consolidate Net Profit 80.23 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -21.13% vs 108.25% in Dec 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 73.53 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -0.38% vs 43.24% in Dec 2023

Annual - Interest

Interest 0.27 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 17.39% vs 9.52% in Dec 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 23.03%

in Dec 2024

Figures in %

YoY Growth in year ended Dec 2024 has fallen from Dec 2023