Glonghui, May 17 | Emperor Capital (00717.HK) announced that in the 2023/2024 interim results, the Group's total revenue for the period was unavoidably reduced to HK$185 million (2023: HK$190 million) in the face of complex circumstances and unfavorable business environment. Excluding provisions for impairment, the Group's adjusted net profit increased by 6.5% to HK$99 million. Basic earnings per share were HK 0.62 cents (2023: HK 0.67 cents).
The Group currently provides brokerage services, wealth management and asset management services for trading securities, futures and options in Hong Kong, Mainland China (through the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect schemes, respectively) and major overseas exchanges. The Group provides online and mobile trading platforms for real-time trading and portfolio monitoring.
As of March 31, 2024, in addition to its headquarters and branches in Hong Kong, the Group also operated 3 liaison offices in mainland China, which are located in Beijing, Shanghai and Guangzhou. The Group Wealth Management Division advises on a variety of investment services, including securities, mutual funds, insurance-linked products, and real estate investments. In its asset management department, in addition to operating private equity funds, the Group also provides tailor-made discretionary investment services to its clients.