Asia Financial's 2024 Profit Rises

MT Newswires Live

03/26

Asia Financial's (HKG:0662) attributable profit rose to HK$647.1 million in 2024 from $346.8 million in 2023, according to a Wednesday filing with the Hong Kong bourse.

Earnings per share at the insurer increased to $0.697 from $0.372 in the previous year.

Insurance revenue grew to HK$3.29 billion from $2.46 billion a year earlier.

The company declared a final dividend of HK$0.09 per share, payable June 16 to shareholders on record as of June 6.

Shares jumped 2% during Wednesday's afternoon trading.

Price (HKD): $3.85, Change: $+0.060, Percent Change: +1.58%

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