© Reuters.
Investing.com – On Tuesday, HSBC Holdings (00005) announced its semi-annual results report. Among them, HSBC Holdings (HK:) (HK:) will increase its profit before tax by US$4.1 billion to US$8.8 billion in the second quarter of 2023, which is better than market expectations, and its revenue in the second quarter will increase by US$4.5 billion to US$16.7 billion, the second The quarterly net interest margin was 1.72%, an increase of 3 basis points from the first quarter.
In the first half of 2023, HSBC’s profit before tax increased by US$12.9 billion to US$21.7 billion. Calculated on a constant exchange rate basis, profit before tax increased by US$13.3 billion to US$21.7 billion, and profit after tax on the basis of accounting increased by US$9.1 billion to $18.1 billion.
In the first half of this year, HSBC’s revenue increased by US$12.3 billion to US$36.9 billion. The increase in revenue was due to the increase in net interest income of all the group’s global businesses due to rising interest rates, and also included the planned sale with France and the UK acquisition. related impact.
HSBC said its board had approved a second dividend of $0.10 per share. We also intend to further initiate share repurchases of up to US$2 billion. The share repurchase is expected to commence shortly and be completed within three months.
Looking ahead, HSBC continues to target 2023 operating expense growth of around 3%, excluding the impact of currency translation differences and noteworthy items, and the retranslation of 2022 results in hyperinflationary economies to constant exchange rates . At the same time, HSBC has raised its full-year guidance for net interest income in 2023 to more than US$35 billion.
After the results announcement, HSBC Holdings Hong Kong stocks rose more than 1.69% to HK$66.35.
[This article is from Yingwei Caiqing Investing.com, to read more, please log in to cn.Investing.com or Yingwei Caiqing App]
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(Editor: Chen Han)
2023-08-01 05:29:00
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