BOCOM International (3329.HK) net profit surges 70.0% to HK$851.2 million, with HK$0.16 DPS

BOCOM International (3329.HK)'s net profit was HK$851.2 million for the year ended 31st December 2020, with year on year increase of 70.0%. Total Revenue of the group was HK$2,194.8 million, with year on year increase of 39.8%. Compared to 2016 (before IPO), revenue, net profit and total asset increase 108.4%,142.5% and 129.5%, with a 12.19% ROE (+4.37p.p.). A final dividend of HK$ 0.16 per share will be distributed, and the total dividend amount increase 77.8%, with 51.9% DPR in 2020 and an average DPR at 52.5%.

With more than 60 investments in private equity, BOCOM International dug deep into new economics sector, seizing opportunities in value investment. Maintaining the highest credit rating among Chinese brokerage firms in Hong Kong (Fitch A and Moody's A3), BOCOM International's steady growth driven by multiple business has been affirmed by the capital market, customers and investors.