Summary by Moomoo AI
Sun Hung Kai Co announced its interim results as of June 30, 2024, showing unaudited total revenue of HK$1,939.2 million, slightly down from HK$2,014.8 million in the same period last year. The company's interest income decreased from HK$1,890.0 million in the previous year to HK$1,817.7 million. The current period's profit was HK$184.5 million, compared to a loss of HK$130.8 million in the same period last year. The basic earnings per share were 3.9 HK cents, compared to a loss of 14.7 HK cents per share in the same period last year. The company declared an interim dividend of 12 HK cents per share. As of June 30, 2024, the company's debt-to-equity ratio was 33.3%, and the interest coverage ratio was 1.62. The company repurchased 10,000 shares during the reporting period, and did not purchase, sell, or redeem any listed securities. The audit committee has reviewed the unaudited interim condensed financial statements and conducted a summary review with the external auditor.
