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HKEX Reports Slight Profit Decline in First Half of 2024
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HKEX Reports Slight Profit Decline in First Half of 2024

Hong Kong Exchanges & Clearing (HK:0388) has released an update.

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Hong Kong Exchanges and Clearing Limited (HKEX) reported a slight dip in profits for the first half of 2024 compared to the same period in 2023, with profits falling from HK$6,368 million to HK$6,186 million. Despite this, the company saw an increase in revenue from HK$7,858 million to HK$8,062 million, driven by trading fees, clearing and settlement fees, and other revenue streams. Basic earnings per share decreased marginally from HK$4.99 to HK$4.84.

For further insights into HK:0388 stock, check out TipRanks’ Stock Analysis page.

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