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United States

Kingston Financial Group Ltd (1031.HK)

1031.HK on Hong Kong Stock

2.69HKD
28 Apr 2017
Change (% chg)

HK$-0.03 (-1.10%)
Prev Close
HK$2.72
Open
HK$2.71
Day's High
HK$2.73
Day's Low
HK$2.68
Volume
7,142,000
Avg. Vol
8,789,350
52-wk High
HK$3.76
52-wk Low
HK$2.49

Latest Key Developments (Source: Significant Developments)

Kingston Financial HY net profit HK$744.4 million
Thursday, 24 Nov 2016 07:33am EST 

Kingston Financial Group Ltd <1031.HK> : HY net profit HK$744.42 million versus HK$923.4 million last year . Turnover for six months ended 30 september 2016 decreased by approximately 17% to HK$1.38 billion . Board has resolved not to declare any interim dividend for hy . "Remain conservative as to the outlook of MACAU’s hotel and tourism market" ."As for Macau, the general operation has been affected by the slowing economy in china and anti-graft drive".  Full Article

Kingston Financial posts FY net profit of HK$1.70 billion<1031.HK>
Wednesday, 29 Jun 2016 07:41am EDT 

Kingston Financial Group Ltd <1031.HK>: Annual results for the year ended 31 March 2016 <1031.HK> . FY revenue for approximately HK$3.12 billion, representing increase of approximately 26% . FY profit attributable to owners of the company was approximately HK$1.70 billion, up 35% . Board recommends the payment of a final dividend of HK2 cents per share" . Expects to see gradual improvement in financial market as investors regain confidence in the nation's outlook after February 2016" .  Full Article

Kingston Financial Group issues positive profit alert<1031.HK>
Tuesday, 21 Jun 2016 06:11am EDT 

Kingston Financial Group Ltd <1031.HK>: Positive profit alert <1031.HK> . Anticipates to report a significant increase in its profit attributable to owners of the company for the year ended 31 March 2016 . Result due to the increase in income from securities brokerage, underwriting and placements, margin and IPO financing business .  Full Article

Kingston Financial Group Ltd announces placing of new shares under specific mandate
Sunday, 28 Jun 2015 06:32am EDT 

Kingston Financial Group Ltd:Says that on June 25, the placing agent and the company entered into placing agreement pursuant to which the company has conditionally agreed to place through placing agent, up to 1,761,250,000 placing shares at placing price of HK$2.20 per placing share to placees.Says that it is expected that maximum gross proceeds and net proceeds from placing will be HK$3,874.75 million and HK$3,835.80 million, respectively.Says net proceeds from placing are intended to be used for expansion of financial service business and further strengthening its working capital.  Full Article

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