Dah Sing Banking Group Limited (the "Company") - Notice of Publication of 2025 Interim Report ("Current Corporate Communication") The English and Chinese versions of the Current Corporate Communication of the Company are available on the website of Dah Sing Bank at www.dahsing.com and the website of Hong Kong Exchanges and Clearing Limited ("HKEX") at www.hkexnews.hk. You may access the Current Corporate Communication by clicking "About Us" on the home page of the website of Dah Sing Bank, then selecting "F ...

Financial Performance - Net interest income for the six months ended June 30, 2025, increased by 9.4% to HK$2,776,458,000 compared to HK$2,538,695,000 in 2024[5] - Net fee and commission income rose by 20.4% to HK$726,763,000 from HK$603,386,000 year-on-year[5] - Operating profit before impairment losses grew by 23.4% to HK$2,088,521,000, up from HK$1,691,892,000 in the previous year[5] - Profit attributable to shareholders increased by 13.1% to HK$1,578,850,000 compared to HK$1,396,074,000 in 2024[5] - The bank's operating income for the period was HK$3,795,596,000, reflecting a 15.5% increase from HK$3,286,757,000 in 2024[5] - The profit for the period ended June 30, 2025, was HK$1,578,850,000, representing an increase from HK$1,396,074,000 for the same period in 2024, which is a growth of approximately 13%[10] - Basic earnings per share for the six months ended June 30, 2025, were HK$1,578,850,000, up from HK$1,396,074,000 in 2024, indicating a growth of 13.0%[64] - Profit before taxation for the six months ended June 30, 2025, was HK$1,819,057, compared to HK$1,579,921 in 2024, indicating an increase of about 15.2%[198] Assets and Liabilities - Total assets as of June 30, 2025, amounted to HK$260,683,805,000, a rise from HK$256,339,081,000 at the end of 2024[8] - Customer deposits reached HK$203,954,890,000, up from HK$201,568,051,000 in the previous period[8] - Total equity increased to HK$35,140,583,000 from HK$33,823,372,000 year-on-year[8] - The bank's cash and balances with banks stood at HK$14,896,976,000, compared to HK$14,131,725,000 at the end of 2024[8] - Total liabilities were reported at HK$225,543,222, with a notable increase in subordinated notes to HK$4,273,505[160] - The total amount of trading securities listed in Hong Kong was HK$4,899,000 as of June 30, 2025, down from HK$9,790,000 at the end of 2024[69] - The total gross loans and advances amounted to HK$139,489,360, an increase from HK$138,374,285 as of December 31, 2024[84] Income and Expenses - Total operating expenses amounted to HK$1,707,075,000 in 2025, compared to HK$1,594,865,000 in 2024, reflecting an increase of 7.0%[48] - Employee compensation and benefit expenses rose to HK$1,227,675,000 in 2025, up from HK$1,113,239,000 in 2024, an increase of 10.3%[48] - The operating expenses for the six months ended June 30, 2025, totaled HK$1,707,075, compared to HK$1,594,865 in 2024, representing an increase of approximately 7.0%[194] Credit and Impairment - Credit impairment losses rose by 33.8% to HK$728,082,000 from HK$544,007,000 in the previous year[5] - New credit impairment allowances net of releases increased to HK$779,270,000 in 2025 from HK$582,402,000 in 2024, reflecting a rise of 33.8%[50] - The total impairment allowances increased to HK$1,917,097 as of June 30, 2025, compared to HK$1,532,345 as of December 31, 2024[84] - Credit-impaired loans and advances decreased to HK$4,350,004 as of June 30, 2025, from HK$4,437,683 as of December 31, 2024, representing 3.12% of total loans[84] Dividends and Shareholder Returns - The company paid a final dividend of HK$548,243,000 for 2024, which is a decrease from HK$688,818,000 for 2023, indicating a reduction of about 20%[13] - Retained earnings increased to HK$25,889,548,000 as of June 30, 2025, compared to HK$24,876,838,000 as of December 31, 2024, reflecting a growth of about 4.1%[140] Cash Flow and Liquidity - Cash flows from operating activities for the six months ended June 30, 2025, were HK$2,016,466,000, compared to a cash outflow of HK$1,958,962,000 in 2024, indicating a significant turnaround[13] - The net cash used in investing activities was HK$69,267,000 for the first half of 2025, compared to HK$140,599,000 in the same period of 2024, showing an improvement in cash management[13] - The net liquidity gap was reported at HK$35,140,583, indicating a strong liquidity position[160] Market and Investment Performance - The other comprehensive income for the period was HK$304,501,000, a significant increase compared to HK$54,118,000 in the same period of the previous year[10] - Net gain from foreign currency trading increased significantly to HK$242,992,000 in 2025 from HK$89,746,000 in 2024, representing a growth of 170%[44] - The company reported a total of HK$46,733,586 in financial assets at fair value through other comprehensive income, reflecting strong investment performance[160] Regulatory and Compliance - The Group does not expect the amendments to accounting standards effective from January 1, 2025, to have a material impact on its operations or financial statements[24] - The Group's management is currently assessing the implications of the new HKFRS 18, which will replace HKAS 1 and is expected to enhance comparability and transparency in financial reporting[30]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年8月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 大新銀行集團有限公司 | | | 呈交日期: | 2025年9月2日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02356 | | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 1,405,752,132 | | 0 | | 1,405,752,132 | | 增加 / 減少 (-) | | | | | | | | ...

Group 1 - Daxin Financial reported a net interest income of HKD 2.815 billion for the interim period of 2025, an increase of 8.5% year-on-year [1] - The company's profit attributable to shareholders was HKD 1.406 billion, reflecting a year-on-year increase of 26.4% [1] - Basic earnings per share were HKD 4.41, with an interim dividend of HKD 1.16 compared to HKD 0.92 in the same period last year [1] Group 2 - Daxin Bank Group achieved a net interest income of HKD 2.776 billion for the first half of the year, up 9.4% year-on-year [1] - The profit attributable to shareholders was HKD 1.579 billion, representing a year-on-year increase of 13.1% [1] - Basic earnings per share were HKD 1.12, with an interim dividend of HKD 0.31 compared to HKD 0.27 in the previous year [1]

Core Viewpoint - The performance of the Daxin Group in the mid-term results is strong, leading to a rise in stock prices for both Daxin Financial and Daxin Bank Group [1] Group 1: Daxin Financial Performance - Daxin Financial reported a net interest income of HKD 2.815 billion for the fiscal year 2025, an increase of 8.5% year-on-year [1] - The profit attributable to shareholders reached HKD 1.406 billion, reflecting a year-on-year increase of 26.4% [1] - Basic earnings per share were HKD 4.41, with an interim dividend of HKD 1.16 compared to HKD 0.92 in the same period last year [1] Group 2: Daxin Bank Group Performance - Daxin Bank Group achieved a net interest income of HKD 2.776 billion in the first half of the year, marking a 9.4% increase year-on-year [1] - The profit attributable to shareholders was HKD 1.579 billion, which is a 13.1% increase compared to the previous year [1] - Basic earnings per share stood at HKD 1.12, with an interim dividend of HKD 0.31, up from HKD 0.27 in the same period last year [1]

Group 1 - Daxin Financial reported a net interest income of 2.815 billion HKD for the interim period of 2025, an increase of 8.5% year-on-year [1] - The company's profit attributable to shareholders was 1.406 billion HKD, reflecting a year-on-year increase of 26.4% [1] - Basic earnings per share were 4.41 HKD, with an interim dividend of 1.16 HKD compared to 0.92 HKD in the same period last year [1] Group 2 - Daxin Bank Group achieved a net interest income of 2.776 billion HKD for the first half of the year, up 9.4% year-on-year [1] - The profit attributable to shareholders was 1.579 billion HKD, marking a 13.1% increase year-on-year [1] - Basic earnings per share were 1.12 HKD, with an interim dividend of 0.31 HKD compared to 0.27 HKD in the same period last year [1]

Core Viewpoint - Dah Sing Banking Group (02356) has announced the appointment of KPMG as the external auditor for the group and its subsidiaries for the fiscal year ending December 31, 2026, pending shareholder approval at the next annual general meeting [1] Group 1 - The board of directors has resolved to appoint KPMG as the external auditor [1] - The current auditor, PricewaterhouseCoopers, will retire at the end of the annual general meeting in 2026 [1] - KPMG's appointment will take effect immediately after the retirement of PricewaterhouseCoopers [1]

Core Points - Dah Sing Bank Group has announced the appointment of KPMG as the external auditor for the company and its subsidiaries for the fiscal year ending December 31, 2026 [1] - The current auditor, PwC, will retire at the end of the company's annual general meeting in 2026, with KPMG's appointment taking effect immediately after [1]

Core Viewpoint - Dah Sing Banking Group (02356) announced that it will distribute an interim dividend of HKD 0.31 per share on September 18, 2025 [1] Company Summary - The interim dividend is set at HKD 0.31 per share [1]

Core Viewpoint - Dah Sing Bank Group (02356) announced that it will distribute an interim dividend of HKD 0.31 per share on September 18, 2025 [1] Company Summary - Dah Sing Bank Group will pay an interim dividend of HKD 0.31 per share [1]