Financial Statements
New World Development warns of $19b to $20b loss for FY 2024
The group cited asset impairments, losses, and higher interest rates for the decline.
Tan Chong posts HK$35.9m loss in H1 2024 as automotive sales drop sharply
It reversed its HK$126.9m net profit in H1 2023.
Prudential’s H1 2024 IFRS profit declines YoY
It dwindled 80.8% to $182m.
OOIL profit falls 26% in H1 2024
EPS stood at $9.82.
Henderson Land profit falls 47% YoY to $3.17b in H1 2024
The company attributed the decline to fair value loss incurred during the period.
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.
Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption