Sunday, April 19, 2015   

HKEx sees 2pc rise in net profit
(05-08 13:09)

Hong Kong Exchanges & Clearing (0388) recorded a 2-percent increase in net profit to HK$1.18 billion for the first quarter. It was also up 15 percent from the fourth quarter last year.
Revenue grew 5 percent to HK$2.335 billion during the period.
However, average daily turnover for equities accounted to HK$55.1 billion, down 5 percent from a year ago.
Operating expense rose 10 percent to HK$734 million, mainly due to increasing staff cost and hiring for the London Metal Exchange.
The local bourse operator recorded 20 new listings in the quarter ended March -- doubling from a year back -- to raise HK$112.4 billion -- up 76 percent from 12 months ago, according to the statement filed to the exchange.   
Other Business breaking news:
Higher US gas prices spark modest inflation in March (04-17 21:16)
Greece, creditors to hold more debt talks (04-17 21:09)
Volkswagen ends management power struggle (04-17 21:03)
GE reports US$13.6b loss due to finance unit disposal charges (04-17 20:04)
Benetton pays US$1.1m into fund for Bangladesh factory disaster victims (04-17 20:02)
Bloomberg says terminals hit by global breakdown (04-17 17:03)
Ex-IMF chief Rato assisting tax inquiry (04-17 17:00)
Hang Seng dips, Shanghai soars (04-17 16:17)
Automakers bring new models to Shanghai show (04-17 14:36)
Philippine Airlines parent returns to profit (04-17 14:22)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.