STOCKS | Public Finance Posts HK$25.19 Million Interim Profit

Public Finance (0626) said its shareholder profit for the first half ended June 30 rose 8.81 times year on year to HK$25.19 million, helped by stable asset prices and lower credit charges in its property investment and transport segments, according to Ming Pao. The group booked credit loss expense of HK$139 million, down 10.9% from a year earlier. It proposed an interim dividend of HK$0.02 a share and a final dividend of HK$0.02 a share, for a total of HK$0.04 a share. It said no special dividend was paid last year.