Sun Hung Kai Co (00086) announced its performance for the six months ended June 30, 2024. The Group achieved a total revenue of 1.939 billion Hong Kong dollars during the period. The company's shareholders' share of the surplus was 75.4 million Hong Kong dollars, compared to a loss of 0.288 billion Hong Kong dollars in the same period last year. Basic earnings per share were 3.9 Hong Kong cents. It is planned to distribute an interim dividend of 12 Hong Kong cents per share.
The announcement stated that the change from a surplus to a profit in the shareholders' share is mainly due to the group's proactive adjustments to the investment portfolio and management of market risk exposure since 2022, thereby stabilizing the investment asset value of the group.
