Summary by Futu AI
Yiu Chai Securities Finance had revenues of HK$448.8 million for the six months ended 30 September 2024, down 6% year-on-year; net equity accounted for HK$312.0 million, up 2.9% year-on-year. Earnings per share were HK18.38 cents and the Board did not recommend an interim dividend. Despite the decline in revenue, net's growth was mainly driven by effective control of operating expenses and improved investment returns.Management noted that the Hong Kong economy faces internal and external challenges, and the market environment is diverse. By optimizing trading platforms and product services, the company fine-tunes its marketing strategy to enhance customer experience and business competitiveness. Despite the unfavorable market environment, the company still recorded an increase in the number of customer accounts...Show More