Annual Report 2024

8 2024 Annual Report Transport International Holdings Limited FINANCIAL AND OPERATIONAL HIGHLIGHTS For the Year Ended 31 December 2024 Unit 2024 2023 Increase/ (Decrease) Financial Highlights Revenue HK$ million 8,215.4 7,884.8 4.2% – Fare revenue HK$ million 7,844.2 7,504.8 4.5% – Media sales revenue HK$ million 266.9 291.7 (8.5%) – Gross rentals from investment properties HK$ million 104.3 88.3 18.1% Profit from operations HK$ million 411.6 214.6 91.8% Profit attributable to equity shareholders of the Company – Underlying 1 HK$ million 265.5 114.3 132.3% – Reported HK$ million 187.3 401.7 (53.4%) Earnings per share – Underlying 1 HK$ 0.53 0.24 120.8% – Reported HK$ 0.37 0.83 (55.4%) Ordinary dividends per share HK$ 0.50 0.80 (37.5%) Total equity attributable to equity shareholders of the Company HK$ million 16,709.3 16,405.6 1.9% Total assets HK$ million 23,909.5 24,187.1 (1.1%) Net borrowings HK$ million 2,281.0 2,984.3 (23.6%) Cash generated from operations HK$ million 1,540.8 1,420.6 8.5% Key Financial Ratios Profit margin 2 3.2% 1.4% 1.8% points EBITDA margin 2 19.7% 17.6% 2.1% points Return on equity attributable to equity shareholders of the Company 2 1.6% 0.7% 0.9% points Gearing ratio 3 13.7% 18.2% (4.5%) points Current ratio Times 1.27 1.04 22.1% Share price per share at year-end HK$ 8.25 9.42 (12.4%) Operational Highlights Hong Kong Franchised Public Bus Operations: Average number of passenger trips per day Million trips 2.70 2.65 1.9% Number of licensed buses at year-end 4,293 4,340 (1.1%) Number of staff at year-end 11,992 12,355 (2.9%) Hong Kong Non-franchised Transport Operations: Number of licensed buses at year-end 424 436 (2.8%) Number of staff at year-end 703 672 4.6% China Mainland Transport Operations: Number of licensed buses at year-end 5,254 5,004 5.0% Number of taxis and vehicles for rental at year-end 12,180 10,778 13.0% Notes: 1. Underlying profit attributable to equity shareholders of the Company and underlying earnings per share excluded the effect of change in fair value of investment properties and investment property under development. 2. Profit margin, EBITDA margin and return on equity attributable to equity shareholders of the Company are calculated based on underlying profit. 3. Gearing ratio represented ratio of net borrowings to total equity attributable to equity shareholders of the Company.