HK$152.8 0.4 0.3%
Last Trade - 9:08am
Market Cap | £27.11bn |
Enterprise Value | £22.92bn |
Revenue | £5.26bn |
Position in Universe | 58th / 6094 |
Feb 23 (Reuters) - Hang Seng Bank Ltd 0011.HK : * FY PROFIT BEFORE TAX DOWN BY 33% TO HK$19,414M * DECLARED FOURTH INTERIM DIVIDEND OF HK$2.80 PER SHARE * AS AT DEC 31, COMMON EQUITY TIER 1 CAPITAL RATIO OF 16.8% * FY PROFIT ATTRIBUTABLE DOWN BY 33% TO HK$16,687M * FY NET INTEREST INCOME HK$26,906 MLN VS HK$32,255 MLN * ANTICIPATE MAINLAND CHINA ECONOMY WILL DELIVER GROWTH IN RANGE OF 6% TO 8% IN 2021 * RAYMOND CH'IEN TO RETIRE AS CHAIRMAN FOLLOWING AGM IN MAY * "LOW INTEREST RATE ENVIRONMENT WILL CONTINUE TO PUT PRESSURE ON NET INTEREST MARGIN, WHICH WILL ALSO PROVIDE CHALLENGES FOR US" * INDEPENDENT NON-EXECUTIVE DIRECTOR IRENE LEE WILL BE NEW CHAIRMAN Source text for Eikon: ID:nHKS3MdmrF Further company coverage: 0011.HK ((Reuters.Briefs@thomsonreuters.com;))