Stock Analysis

Hong Kong Exchanges and Clearing Second Quarter 2025 Earnings: Beats Expectations

Hong Kong Exchanges and Clearing (HKG:388) Second Quarter 2025 Results

Key Financial Results

  • Revenue: HK$7.08b (up 31% from 2Q 2024).
  • Net income: HK$4.44b (up 41% from 2Q 2024).
  • Profit margin: 63% (up from 59% in 2Q 2024). The increase in margin was driven by higher revenue.
  • EPS: HK$3.51 (up from HK$2.49 in 2Q 2024).
earnings-and-revenue-growth
SEHK:388 Earnings and Revenue Growth September 5th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hong Kong Exchanges and Clearing Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%.

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Capital Markets industry in Hong Kong.

Performance of the Hong Kong Capital Markets industry.

The company's shares are down 3.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Hong Kong Exchanges and Clearing has 1 warning sign we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About SEHK:388

Hong Kong Exchanges and Clearing

Owns and operates stock and futures exchanges, and related clearing houses in Hong Kong, the United Kingdom, and Mainland China.

Flawless balance sheet with solid track record and pays a dividend.

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