HK-listed Swire Pacific slides on annual profit drop
13/03/2025 05:39
** Swire Pacific 0019.HK slides 7.1% to HK$68; set for biggest one-day pct drop since October 8, 2024 ** Stock hits lowest since March 6; on course to snap three straight session of gains ** Hong Kong-based conglomerate posts 85% y/y drop in 2024 profit attributable, 71% y/y decline in underlying profit and 11% y/y fall in recurring underlying profit ** YTD, stock loses 2.8% (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com))
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