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PUBLIC FIN HOLD: Annual Report 2024
Public Financial Swings to Loss in 2024; Shares Up 6%
Express News | Public Financial Holdings FY Net Interest Income HKD 983.3 Million
Express News | Public Financial Holdings FY Basic EPS HKD -0.91
PUBLIC FIN HOLD: ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
PUBLIC FIN HOLD (00626.HK) will hold a Board of Directors meeting on January 16 to approve the annual performance.
Gelonghui January 6丨PUBLIC FIN HOLD (00626.HK) announced that a Board of Directors meeting will be held on January 16, 2025, to approve (including) the publication of the annual performance of the company and its subsidiaries for the year ended December 31, 2024, and to consider the declaration of the dividend for the year ended December 31, 2024 (if any).
chanpak ks : the aging management with no eager to bring 0626.hk into next glorious is the main problem of 0626.hk. mother company of public bank group in Malaysia not even bother the performance of this 73% subsidiary as profit contribution only a tiny peanut compare to overall group revenue. IF the management & board of director wish to improve the share performance., they are always have multiple good solution to preserve minor share holder value
this includes 1)new merge & acquisition in between bank local or international
2) divert the business from Vietnam , Cambodia into 0626.hk by issue new share with p/b 1
3)share consolidate by convert all 0626.hk share to mother share 1295.my with p/b 1
4)capital reduction by release the retain earnings of 800mil to all share holder n etc
5) consistently share buy back by privatisation the 0626.hk with fair value
this mentioned above all will bring good return to share holder & the board of director just don't bother to do this.
in short, they are just no empathy to minor share holder by just sit on the rock without doing any effort to improve the current environment.