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NWS Holdings Announces Upcoming Board Meeting
nws holdings (00659.HK) plans to hold a board of directors meeting on September 25th to approve the annual performance.
nws holdings (00659.HK) announced that the board of directors will hold a meeting on September 25, 2024 (Wednesday) to approve the publication of the annual performance of the company and its subsidiaries for the year ending June 30, 2024, and consider the proposed final dividend distribution.
NWS HOLDINGS: DATE OF BOARD MEETING
Intelligent Pass Hong Kong Stock Shareholder Equity Disclosure | September 6th
Hong Kong stock shareholders' equity disclosure | September 6th
NWS Holdings Expects Up to 33% Higher Profit in H1; Shares Climb 4%
NWS Holdings (00659) is expected to see a net profit increase of at least 33% in the 2024 fiscal year.
NWS Holdings (00659) announced that based on the preliminary assessment of unaudited comprehensive management accounts and existing information for the fiscal year ending June 30, 2024, shareholders are expected to have a profit share of approximately HK$2 billion to HK$2.2 billion, an increase of not less than 33% year-on-year. The group stated that the main reasons for the overall increase in operating profit attributable are as follows: (a) it is expected that the group's insurance business will achieve significant growth in operating profit attributable for the 2024 fiscal year. The attractive product portfolio and the release of suppressed demand from mainland tourists after clearance are beneficial to Chow Tai Fook Life Insurance Limited (formerly known as FTLife Insurance Company Limited).
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