Shengli Securities (08540) announced its annual results for the year ended December 31, 2023. The group achieved...
According to the Zhitong Finance App, Shengli Securities (08540) announced its annual results for the year ended December 31, 2023. The group achieved a profit of HK$549.661 million during the period, a year-on-year decrease of 28.71%; shareholders' losses of HK$249.98 million, an increase of 3.34% over the previous year; a basic loss of 13.45 HK cents per share; and plans to pay a final dividend of HK0.5 cents per share.
According to the announcement, the decrease in earnings reflects a weaker market climate in 2023 compared to the same period in 2022, and a decrease in customer trading volume, leading to a decrease in revenue mainly from securities/futures brokerage services, fee services and financing services.