PUBLIC FIN HOLD turned a loss of nearly 1 billion last year

HongKong Economic Journal
2025.01.16 15:27

PUBLIC FIN HOLD announced a loss of HKD 999 million last year, compared to a profit of HKD 14.381 million the year before, mainly due to a more cautious business forecast leading to a goodwill impairment of HKD 810 million, which increased operating expenses by more than double to HKD 1.701 billion. During the period, operating income fell by 0.16% to HKD 1.237 billion. In light of the uncertain operating environment and after considering financial performance, no final dividend will be declared. Download the original announcement from the Hong Kong Stock Exchange