Income Statement

Income Statement
For the year ended March 31
2023
US$'000
2022
US$'000
2021
US$'000
Revenue 61,946,859 71,618,216 60,742,312
Cost of sales (51,445,766) (59,569,241) (50,974,425)
Gross Profit 10,501,093 12,048,975 9,767,887
Other income - net 0 0 0
Selling and distribution expenses (3,285,126) (3,746,290) (3,044,966)
Administrative expenses (2,311,771) (2,944,234) (2,984,356)
Research and development expenses (2,195,329) (2,073,461) (1,453,913)
Other operating (expense)/income - net (40,043) (204,421) (104,244)
Operating profit 2,668,823 3,080,569 2,180,406
Finance income 141,667 56,458 34,753
Finance costs (657,705) (362,384) (408,641)
Share of gains of associated companies (16,798) (6,912) (32,323)
Profit before taxation 2,135,988 2,767,731 1,774,196
Taxation (455,156) (622,399) (461,197)
Profit for the year 1,680,831 2,145,332 1,312,999
Profit/(loss) attributable to:
Equity holders of the Company 1,607,722 2,029,818 1,178,310
Perpetual securities holders 0 0 32,532
Other non-controlling interests 73,109 115,514 102,159
Earnings/(loss) per share attributable to equity holders of the Company
Basic (US cents) 14 17.45 9.54
Diluted (US cents) 13 15.77 8.91
Dividends (HKD, cent) 38 38 30.6