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<Results>HKEX 1Q Net Profit Grows 37% to $4.077B, Marginally Beating Estimate
Recommend 21 Positive 41 Negative 23 |
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HKEX (00388.HK) announced its 1Q results for the period ending March 31, 2025, with a net profit of HKD4.077 billion, up 37.27% YoY, surpassing the consensus of six brokers compiled by this website, ranging from approximately HKD3.8 billion to HKD4.062 billion (representing a YoY increase of 28-36.8%). Basic EPS was HKD3.23. Bonnie Chan, HKEX CEO, said that HKEX had a strong start to the year, with 1Q25 being the Group’s best quarterly results on record. The renewed global interest in China opportunities that picked up in 2H24 continued to build momentum into 2025, boosted by exciting developments in artificial intelligence and innovation. She added that HKEX hit the ground running in 2025 in terms of strategic initiatives, from a new partnership with CMU OmniClear that underscores our commitment to enriching the city’s FIC ecosystem, to product launches that add more vibrancy and liquidity to its markets, to the continued expansion of its international network of recognized stock exchanges that diversify its channels for secondary listings. AAStocks Financial News |
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