Futu Holdings Limited Q4 Income Advances

Futu Holdings Limited (FUTU) announced a profit for its fourth quarter that increased from last year

The company's earnings totaled HK$1.871 billion, or HK$1.67 per share. This compares with HK$878.225 million, or HK$0.79 per share, last year.

The company's revenue for the period rose 86.8% to HK$4.432 billion from HK$2.373 billion last year.

Futu Holdings Limited earnings at a glance (GAAP) :

-Earnings: HK$1.871 Bln. vs. HK$878.225 Mln. last year.
-EPS: HK$1.67 vs. HK$0.79 last year.
-Revenue: HK$4.432 Bln vs. HK$2.373 Bln last year.

For the fourth-quarter, the company reported income per ADS of HK$13.35, higher than HK$6.31 per ADS, recorded for the same period last year.

Excluding items, fourth-quarter earnings surged to HK$1.952 billion from last year’s HK$950.463 million.

by RTTNews Staff Writer

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