Kingkey Fin Int (01468) rose nearly 3% after earnings, up 2.86% as of the time of publication, reported at 0.72 Hong Kong dollars, with a transaction amount of 29.492 million Hong Kong dollars.
According to the Zhitong Financial APP, Kingkey Fin Int (01468) rose nearly 3% after earnings, up 2.86% as of the time of publication, reported at 0.72 Hong Kong dollars, with a transaction amount of 29.492 million Hong Kong dollars.
In news, Kingkey Fin Int announced its interim results for the six months ending September 30, 2024, with continuing operations revenue of approximately 0.14 billion Hong Kong dollars, a year-on-year decrease of 47.12%; net income attributable to company owners was 6.806 million Hong Kong dollars, a year-on-year decrease of 91.12%; earnings per share were 0.75 Hong Kong cents. No interim dividend was declared.
It is reported that the net income during the interim period of 2023 was mainly due to a one-time fair value adjustment relating to the contingent consideration payable for the acquisition of FGA Holdings Limited and its subsidiaries, amounting to approximately 0.118 billion Hong Kong dollars. It is important to note that this adjustment did not occur during the six months ending September 30, 2024, and is not related to the group's operational activities.