Correction: Sun Hung Kai Expects Surge in H1 Profit; Shares Jump 4%

MT Newswires Live
Aug 07

(corrects company description in the second paragraph)

Sun Hung Kai (HKG:0086) expects to report an increase in its H1 profit, according to a Hong Kong bourse filing Wednesday.

Shares of the alternative investments and wealth management company jumped nearly 4% in recent trade Thursday.

The company expects to report at least HK$800 million in attributable profit for the six months ended June 30, compared with HK$75.4 million in the year-ago period.

The company's financial results are due this month.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10