tiprankstipranks
Hong Kong Finance Group Posts Strong Interim Results
Company Announcements

Hong Kong Finance Group Posts Strong Interim Results

Hong Kong Finance Group Ltd. (HK:1273) has released an update.

Don't Miss Our Christmas Offers:

Hong Kong Finance Group Ltd. reported a rise in net interest income to HK$73.8 million for the six months ending September 2024, compared to the previous year. Despite fair value losses on investment properties and increased impairment losses, the company achieved an operating profit of HK$29.6 million, reflecting resilience in its financial performance. The profit translated to an earnings per share increase, highlighting a positive trend for stakeholders.

For further insights into HK:1273 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App