SWHYHK released its interim results, with a profit attributable to ordinary shareholders of HKD 60.134 million, turning a profit compared to the same period last year
SWHYHK released its interim results for the period ending June 30, 2025, with revenue of HKD 307 million, an increase of 109.65% year-on-year. Profit attributable to ordinary shareholders was HKD 60.134 million, turning a loss into a profit. Brokerage, sponsorship, and underwriting businesses saw significant growth, with fee and commission income rising 49% to HKD 143 million. Investment business income turned from a loss to a profit, while wealth management business income remained basically flat
According to the Zhitong Finance APP, Shenwan Hongyuan Hong Kong (00218) released its interim results for the six months ending June 30, 2025, with revenue of HKD 307 million, an increase of 109.65% year-on-year; profit attributable to ordinary shareholders was HKD 60.134 million, compared to a loss of HKD 37.316 million in the same period last year, turning a profit year-on-year; basic earnings per share were HKD 0.0385.
The announcement stated that during the review period, the group seized market opportunities, and the results of business development in brokerage, sponsorship, and underwriting were significant, with fee and commission income increasing by 49% to HKD 143 million. Interest income was slightly affected by market interest rate fluctuations, decreasing by 8% to HKD 103 million. Investment business income turned from a loss of HKD 62 million in the same period last year to a profit of HKD 61 million, mainly due to a significant decline in the valuation of consolidated investment fund-level businesses in the same period last year.
During the review period, the group's wealth management business income remained basically flat compared to the same period last year. Driven by market recovery, fee and commission income reached HKD 56.22 million, a substantial increase of about 77% compared to HKD 31.69 million in the same period of 2024. In terms of interest income, total revenue was HKD 79.92 million, a decrease of 23% compared to the same period of 2024, with interest income from customer loans totaling HKD 39.79 million, slightly down from the same period of 2024. Other interest income totaled HKD 40.12 million, mainly affected by the decrease in bank deposit interest rates and deposit balances, leading to a decline in this income
