Financial Statements
Peak Re reports ‘best-ever’ earnings with $200m in FY’23
Favourable January renewals are seen to sustain strong underwriting margins.
Peak Re reports ‘best-ever’ earnings with $200m in FY’23
Favourable January renewals are seen to sustain strong underwriting margins.
Prudential sees 11% YoY rise in Q1'24 new business profit
APE sales increased by 7% YoY to $1.6b.
HKEX profit falls 13% in 1Q24
Low trading and listing fees pulled the bourse operator’s earnings in the first quarter.
Ping An’s profit dips in Q1’24
Earnings per share were down 4.6% for the quarter.
Kaisa Group's loss widens to $21.8b despite revenue growth
In FY22, the company posted a $14.37b loss.
BOCHK profit soars 28% YoY to $34.86b in 2023
With improved profit, the bank proposed a 23.2% YoY higher dividend per share.
CR Construction’s revenue declined 15% in FY2023
The company’s net profit also decreased 1.0% in FY2023.
Wing Tai posts $812.4m net loss in FY2023
Dividend per share for the period was $0.08.
Prudential's new business profit jumps 45% YoY
Prudential’s CEO is optimistic about reaching its 2027 financial and strategic objectives.
Hongkong Land Holdings posts US$582m net loss in FY23
The company attributed its loss to a gradual decline in its prime office portfolio valuation.
HKEX reports ‘second best’ revenue, profit in FY23
Revenue for the period was $20.5b, up 11% YoY.
China Evergrande cuts losses to RMB39.2b in 1H23
The group has implemented several schemes to improve liquidity.
Cathay Group rebounds from loss, posts $4.3b profit in 1H23
The group’s 1H23 profit translates to a 9,267% YoY jump.
Wing Tai Properties braces for loss in FY22
It is expecting a loss of $50.0m.
Cathay Pacific's loss widens in FY22 at $6.5b
The airline, however, remains positive about its future.