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<Results>BOC HONG KONG 1Q Net Operating Income Before Impairment Allowances Drops 0.7% to HKD20.007B, Near Upper End of Forecast; 1st Interim DPS HK29 Cents
Recommend 11 Positive 15 Negative 13 |
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BOC HONG KONG (02388.HK) announced that its net operating income before impairment allowances fell 0.7% YoY to HKD20.007 billion, compared to the forecast range of HKD19.114-20.049 billion from three brokers as summarized by our reporters. If the funding income or cost of foreign exchange swap contracts were included, NIM would have widened 4 bps YoY to 1.59%, while net interest income would have risen 0.8% YoY to HKD14.934 billion. BOC HONG KONG also declared a first interim dividend for 2026 of HKD0.29 per share. Auto-translated by AI AASTOCKS Financial News |
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