Brief: Dah Sing Financial reports HY net profit of HK$913.9 mln vs HK$1.07 bln

Dah Sing Financial Holdings

24/08/2016 05:05

Aug 24 (Reuters) - Dah Sing Financial Holdings Ltd  0440.HK : 
 
 * Announcement of 2016 interim results  
 * HY net profit HK$913.9 million versus HK$1.07 billion a year ago 
 * HY net interest income HK$1.95 billion versus HK$1.74 billion a year ago 
 * The directors have declared an interim dividend of HK$0.29 per share for 2016 
 * "Business conditions are expected to remain weak in the second half of the 
year" 
 * "As sluggish rate of loan growth continues and is not expected to recover 
strongly in the second half of the year" 
 * "Remain cautious as to the outlook in the second half of the year" 
 * "Sluggish rate of loan growth continues has begun to be reflected in lower 
loan pricing for certain loan products 
 
   Source text for Eikon  urn:newsml:reuters.com:*:nHKS2TqVs3 
 
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