Market Overview

HKEx Q1 Net Profit Down 7%

Hong Kong Exchanges and Clearing Ltd (OTC: HKXCY) reported a 7% drop in its first-quarter net profit.

Its quarterly net income fell to HK$1.15 billion ($148.2 million), versus HK$1.23 billion, in the year-ago period. However, analysts were expecting a net profit of HK$1.12 billion.

HKXCY shares closed at $15.85 on Friday.

Posted-In: profitEarnings News

 

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