Brief: Bank Of East Asia Posts H1 Net Interest Income Of HK$6,114 Mln

The Bank of East Asia

20/08/2020 06:21

Aug 20 (Reuters) - Bank of East Asia Ltd  0023.HK :
    * H1 NET INTEREST INCOME HK$6,114 MILLION VERSUS HK$7,423
MILLION
    * OUTLOOK FOR MAINLAND ECONOMY AT MID-YEAR CONSIDERABLY
WORSE THAN
THAT AT START OF YEAR; IMPACT OF COVID-19 STILL BEING EVALUATED
    * HY PROFIT ATTRIBUTABLE HK$1,532 MILLION VERSUS  HK$1,000
MILLION
    * LOOKING AHEAD, BANK’S OVERSEAS OPERATIONS WILL FACE
VARIOUS
CHALLENGES AMIDST ONGOING IMPACT OF CORONAVIRUS PANDEMIC
    * INTERIM DIVIDEND DECLARED HK$0.16 PER SHARE
    * CONTINUES TO SEE GOOD PROSPECTS FOR LONG-TERM BUSINESS
GROWTH IN
GREATER CHINA, AND PARTICULARLY IN GBA

Source text https://bit.ly/3l16SvP
Further company coverage:  0023.HK 

 ((Reuters.Briefs@thomsonreuters.com;))