Financial Statements
HKEX profit drops 3% YoY in H1 2024 despite record Q2 earnings
HKEX profit drops 3% YoY in H1 2024 despite record Q2 earnings
Q2 profit was $3.2b, a second-quarter high.
TVB narrows net loss by 65% in H1 2024
The company reduced its net loss by $264m.
Futu bags $1.2b net income in Q2 2024
Earnings per share stood at 1.08 Hong Kong cents.
Towngas net profits down by 16% YoY to $3.04b
Geopolitical tensions and hot weather posed a challenge to the group's business.
Cathay Pacific posts 15% lower profit; commits $100b to enhance services
The investment includes the purchase of 30 Airbus A330-900 aircraft.
Manulife Asia’s profit quadruples, Hong Kong segment doubles core earnings
The group’s NBV margin improved by 3.4 percentage points.
Harbour Centre's loss narrows to $17m in H1 2024
The basic loss per share was at $0.01.
Singapore assets boost Link REIT FY24 NPI by 9.5% YoY
Despite improved NPI, the REIT’s full-year DPU fell to HK$2.6265 (S$0.45).
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.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong