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Kingston Financial Group Ltd (1031.HK)

1031.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Kingston Financial posts HY net profit of HK$‍908.9 million
Friday, 24 Nov 2017 

Nov 24 (Reuters) - Kingston Financial Group Ltd <1031.HK>:Turnover for the six months ended 30 september 2017 increased by about 17% to HK$1.62 billion.HY net profit HK$‍908.9 million versus HK$744.4 million a year ago.‍Board has resolved not to declare any interim dividend for six months ended 30 September 2017​.Hotel and gaming business' performance is expected to stabilize in the coming year‍​.  Full Article

Boill Healthcare says disposed of 12.7 mln Kingston Fin shares for about HK$71.9 mln
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Boill healthcare Holdings Ltd <1246.HK>:Disposed on-market of a total of 12.7 million Kingston Fin shares on Oct. 26, 27 & 30, for gross sale proceeds of about HK$71.9 million.  Full Article

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

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 

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

EXCLUSIVE-Chinese investor pulls out of $5.2 bln Hong Kong skyscraper deal-sources

HONG KONG, Feb 28 The Chinese buyer of a Hong Kong skyscraper from billionaire Li Ka-shing in a record $5.2 billion deal has pulled out of the deal, according to two people with direct knowledge of the matter.

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