Shares of DAH SING (00440) surged 5.10% in intraday trading, as the Hong Kong-based financial institution reported robust first-half earnings and announced an attractive interim dividend. The stock's impressive performance comes on the heels of the company's latest financial disclosures, which have evidently impressed investors.
DAH SING Financial Holdings reported a net income attributable to shareholders of HKD 1,406.2 million for the first half of 2025, marking a significant 26% increase from the HKD 1.11 billion recorded in the same period last year. The company's earnings per share rose to HK$3.79, up from HK$2.92 in the prior year, demonstrating strong growth in profitability. Additionally, net interest income saw an 8% year-on-year increase, reaching HKD 2.81 billion.
In a move that has further bolstered investor confidence, DAH SING declared an interim dividend of HK$1.16 per share, payable on September 18, 2025, to shareholders of record as of September 10. This generous dividend payout, coupled with the impressive financial results, appears to be the primary driver behind the stock's substantial intraday gain. Despite challenges in the commercial property market, which led to a 34% increase in credit impairment charges, the overall financial performance of DAH SING has clearly resonated positively with the market.