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DAHSING BANKING/ DAH SING Collapse 10%/ ~14% After Announcing Results at Noon
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DAHSING BANKING (02356.HK) and DAH SING (00440.HK) under the Dah Sing series announced their 2024 results at noon today (31st).

DAHSING BANKING settled the midday down 3.7% at $9.4. After announcing its 2024 results at noon, its decline deepened sharply. It once sank by 13.5% to a bottom of $8.44, marking the lowest in over a month. It last traded at $8.77, down 10.14%, on a volume of 1.8838 million shares, involving $17.4823 million.

DAHSING BANKING's turnover for the entire 2024 was $6.935 billion, up 17.2% YoY, while its net profit grew by 10.8% YoY to $2.06 billion, with EPS standing at $1.47.

Under the same series, DAH SING ended the midday down 3.7%. Its decline also widened dramatically after its results were announced. Its stock price once plunged by 16.9% to a bottom of $29, also the lowest in over a month. It was last at $30.1, down 13.75%, on a volume of 1.1456 million shares, involving $36.6602 million.

DAH SING's revenue for the entire 2024 reached $7.211 billion, up 15.5% YoY, while its net profit climbed by 5.1% YoY to $1.673 billion, with EPS at $5.25.
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