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SWIRE PACIFIC A Plunges ~6% After Midday as 2024 Underlying Profit Dives 71%
Recommend 9 Positive 12 Negative 16 |
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SWIRE PACIFIC A (00019.HK) trended lower after opening at an intraday high of $73.4 this morning (13th). Its losses deepened further after it announced its 2024 full-year results at noon. It last traded at $69.05, down 5.7%, on a turnover of $74.7263 million. SWIRE PACIFIC A (00019.HK) and SWIRE PACIFIC B (00087.HK) have announced their full-year results for the year ended December 2024. The net profit sank by 85% YoY to $4.321 billion. SWIRE PACIFIC A's EPS stood at $3.06, while SWIRE PACIFIC B's EPS were $0.61. During the period, Swire's full-year underlying profit eroded by 71% YoY to $10.471 billion. Recurring underlying profit was $9.284 billion, down 11% YoY. The group's revenue for 2024 touched $81.969 billion, down 13.6% YoY. AAStocks Financial News |
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