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990 — Deep Source Holdings News Story

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Hong Kong's Deep Source HY revenue, profit rise

Hong Kong's Deep Source HY revenue, profit rise


Overview

  • Hong Kong distributor and financial services firm's interim revenue rose sharply yr/yr

  • Net profit attributable to owners increased yr/yr

  • Company classified major subsidiary group as discontinued operations, sale process ongoing


Outlook

  • Company expects to utilize HK$283.8 mln of unused 2025 subscription proceeds by end-2026


Result Drivers

  • DISTRIBUTION AND TRADING - Co said distribution, trading and processing of bulk commodities in Hong Kong, Singapore and the PRC drove revenue growth

  • DERIVATIVE TRADING - Gains from derivative trading contributed to total revenue

  • FINANCIAL SERVICES - Provision of securities and derivatives financial services, margin financing and fund management in Hong Kong and Singapore added to segment profit


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

HK$14.96 bln

H1 Net Income Attributable

HK$378.80 mln


Reuters Recommended Reads

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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