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Hong Kong stocks fluctuate | Some Hk Based Banks decline as Goldman Sachs lowers earnings forecasts for Hk Based Banks, stating that significant valuation reassessment is difficult to occur.
Some Hk Based Banks have declined, as of the time of writing, BANK OF E ASIA (00023) is down 4.64%, at 10.28 HKD; DAHSING BANKING (02356) is down 3.32%, at 7.58 HKD; BOC HONG KONG (02388) is down 2.34%, at 29.2 HKD.
Hong Kong stock market movement | Hk Based Banks' afternoon decline widened, STANCHART (02888) fell over 5%. JPMorgan stated that HSBC and STANCHART are more vulnerable during an economic downturn.
Hk Based Banks expanded their losses in the afternoon. As of the time of reporting, STANCHART (02888) fell 5.09% to 86.75 HKD; DAHSING BANKING (02356) fell 3.99% to 7.46 HKD; HSBC Holdings (00005) fell 3.3% to 70.3 HKD; BOC HONG KONG (02388) fell 2.78% to 28 HKD.
Dah Sing Banking's 2024 Profit Rises 11%
DAHSING BANKING (02356) expects a Net income growth of 10.8% in 2024 and plans to distribute a final dividend of HKD 0.39 per share.
Jinwu Financial News | DAHSING BANKING (02356) released its annual performance report for 2024, with Net income increasing by 10.8% year-on-year to 2.06 billion HKD, mainly benefiting from the growth of net interest income and non-interest income, and a significant reduction in investment impairment losses from associated companies. The earnings per share for the year was 1.47 HKD, and a final dividend of 0.39 HKD per share is proposed, making the total dividend for the year 0.60 HKD, an increase of 10% compared to the previous year. Performance highlights and financial data: For 2024, operating revenue was 6.935 billion HKD, a year-on-year increase of 17.2%; the operating profit before impairment losses was 3.595 billion HKD.
DAHSING BANKING (02356.HK) annual profit attributable to Shareholders is 2.06 billion HKD, a year-on-year increase of 10.8%.
Gelonghui, on March 31, announced that DAHSING BANKING (02356.HK) reported that for the year ending December 31, 2024, the company's operating income was 6.935 billion HKD, an increase of 17.2% year-on-year; the annual profit attributable to shareholders was 2.06 billion HKD, an increase of 10.8% year-on-year; the Board of Directors recommended a final dividend of 0.39 HKD per share for the 2024 fiscal year.
Express News | Dah Sing Banking Group FY Net Income Attributable HKD 2,060 Million
Boon Hock Lim Buys Handful Of Shares In Tai Sin Electric
