Ge Long Hui·2025-10-28 08:41Core Insights - The company reported a year-on-year increase of 6.3% in net operating income before impairment provisions for the first nine months of 2025, reaching HKD 57.179 billion [1] - Net interest income, after accounting for foreign exchange swap contracts, decreased by 0.7% year-on-year to HKD 43.3 billion, with a net interest margin narrowing by 8 basis points to 1.54% due to lower market interest rates compared to the same period last year [1] - The company experienced a significant year-on-year increase of 22.1% in net service fees and commission income, amounting to HKD 9.051 billion, driven by a recovery in the investment market and increased demand for wealth management services [1] - Total assets reached HKD 446.5713 billion as of September 30, 2025, reflecting a 6.5% increase from the end of 2024 [2] - Customer deposits totaled HKD 300.1306 billion, a 10.2% increase from the end of 2024, with a notable rise in savings deposits [2] - The board announced a third interim dividend of HKD 0.29 per share, payable on November 26, 2025, to shareholders on record as of November 20, 2025 [3] Financial Performance - The net operating income before impairment provisions decreased by 13.9% quarter-on-quarter in Q3 2025 [2] - Net interest income increased by 1.6% quarter-on-quarter, with the net interest margin widening by 1 basis point to 1.54% due to rising HKD interest rates [2] - Net service fees and commission income fell by 3.8% quarter-on-quarter, primarily due to a decline in loan commission income [2] - The impaired loan ratio stood at 0.96%, remaining better than the market average [2] Dividend Announcement - The company will distribute a third interim dividend of HKD 0.29 per share on November 26, 2025, to shareholders listed on the register as of November 20, 2025 [3]