Annual Report 2025

187 2025 Annual Report Transport International Holdings Limited CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the year ended 31 December 2025 (Expressed in Hong Kong dollars) 2025 2024 Note $’000 $’000 Profit for the year 398,022 187,282 Other comprehensive income for the year (after tax and reclassification adjustments): Items that will not be reclassified to profit or loss: Remeasurements of employee benefit assets, net of tax expense of $52,955,000 (2024: tax expense of $22,037,000) 267,983 111,521 Remeasurement of provision for long service payments, net of tax expense of $1,496,000 (2024: tax credit of $2,093,000) 7,568 (10,591) Equity investment at fair value through other comprehensive income (“FVOCI”): net movement in fair value reserve (non-recycling), net of nil tax (78,429) (35,594) Share of other comprehensive income of an associate, net of nil tax 15,049 (16,644) Items that may be reclassified subsequently to profit or loss: Exchange differences on translation of financial statements of entities outside Hong Kong, net of nil tax 31,038 (19,936) Investments in financial assets measured at FVOCI (recycling): net movement in fair value reserve (recycling), net of nil tax 9 (3,959) 200,546 Other comprehensive income for the year 239,250 229,302 Total comprehensive income for the year 637,272 416,584 The notes on pages 194 to 262 form part of these consolidated financial statements.