Hong Kong Exchanges 1st Half Net Profit HK$3.49 Billion; Up 17% on Year

By Chester Yung Features Dow Jones Newswires

Hong Kong Exchanges & Clearing Ltd. (0388.HK) said Wednesday its first-half net profit rose 17% from a year earlier, partly thanks to higher revenue from listing fees as well as investment income.

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The operator of Hong Kong's stock exchange said its net profit for the six months ended June 30 rose to 3.49 billion Hong Kong dollars (US$446 million) from HK$2.99 billion a year earlier, while revenue and other income rose 10% from a year earlier to HK$6.20 billion.

The operator declared an interim dividend of HK$2.55 per share, up 15% from HK$2.21 a year earlier.

Write to Chester Yung at chester.yung@wsj.com

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August 09, 2017 00:36 ET (04:36 GMT)