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Sun Hung Kai & Co. Limited ( (HK:0086) ) has provided an update.
Sun Hung Kai & Co. Limited has issued a positive profit alert, indicating a significant increase in profit for the first half of 2025. The company expects a profit of not less than HK$800 million, a substantial rise from HK$75.4 million in the same period in 2024, driven mainly by increased investment income despite a decrease in profit from its credit business. This announcement suggests a strong performance in the company’s investment management segment, potentially enhancing its market position and offering positive implications for stakeholders.
More about Sun Hung Kai & Co. Limited
Sun Hung Kai & Co. Limited is a company incorporated in Hong Kong, primarily engaged in investment management and credit businesses. The company operates within the financial services industry, focusing on generating investment income and providing credit solutions.
Average Trading Volume: 877,066
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.81B
Learn more about 0086 stock on TipRanks’ Stock Analysis page.