HK-listed Swire Pacific slides on annual profit drop

Reuters
2025.03.13 05:39
portai
I'm PortAI, I can summarize articles.

** Swire Pacific slides 7.1% to HK$68; set for biggest one-day pct drop since October 8, 2024** Stock hits lowest since March 6; on course to snap three straight session of gains** Hong Kong-based conglomerate posts 85% y/y drop in 2024 profit attributable, 71% y/y decline in underlying profit and 11% y/y fall in recurring underlying profit** YTD, stock loses 2.8%