Value Partners Group's H1 Profit Rises Nearly Sevenfold

MT Newswires Live
Aug 14

Value Partners Group (HKG:0806) reported HK$251.6 million in attributable profit for the half ended June 30, nearly seven times the HK$37.4 million reported in the year-ago period, according to a Hong Kong bourse filing Wednesday.

Earnings per share were HK$0.138, compared with HK$0.02 in the prior year.

Revenue for the period fell 6% year over year to HK$220.8 million.

Shares of the asset management firm rose nearly 8% in morning trade Thursday.

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