Zhi Tong Cai Jing·2025-08-20 04:42Core Viewpoint - Dah Sing Financial (00440) reported a solid interim performance for the fiscal year 2025, with significant increases in net interest income and shareholder profit [1] Financial Performance - The net interest income for the period reached HKD 28.15 billion, representing an increase of 8.5% year-on-year [1] - Shareholder profit attributable to the company was HKD 14.06 billion, up 26.4% compared to the previous year [1] - Basic earnings per share stood at HKD 4.41 [1] Interest Income and Cost Management - For the six months ending June 30, net interest income increased by 8% year-on-year, primarily due to a faster decline in funding costs compared to asset yield amid downward pressure on Hong Kong interbank offered rates since May [1] - The net interest margin expanded by 23 basis points to 2.32%, reflecting the company's prudent cost management [1] Loan and Deposit Ratios - The loan-to-deposit ratio slightly increased from 67.2% at the end of 2024 to 67.8%, aligning with the company's moderate loan growth and rigorous deposit cost management [1] Non-Interest Income - Non-interest income saw a robust growth of 63%, driven by a 21% increase in net service fees and commission income, along with a combined increase of 184% in performance from insurance services, net trading income, net insurance financial expenses, and other operating income [1]