CTF Services (00659) saw its shares rise more than 5% in morning trading. As of press time, the stock was up 5.52%, quoted at HK$8.32, with turnover of HK$3.9531 million.
CTF Services released its annual results for the year ended June 2026, reporting full-year revenue of HK$27.0997 billion, up 11.59% year-on-year; profit attributable to shareholders was HK$2.3926 billion, up 11% year-on-year. A final dividend of 33 HK cents per share was proposed, representing a 4% increase year-on-year on a comparable basis. The company also proposed a bonus issue of one share for every ten shares held, stating that this move is to thank shareholders for their long-term support and to enhance share liquidity.
By business segment, financial services contributed attributable operating profit of HK$1.474 billion during the year, up 19% year-on-year. The company noted that this has become its largest source of operating profit contribution, mainly benefiting from increased release of contractual service margin from CTF Life, with new business value reaching RMB 1.303 billion, up 30%. During the period, the company's net gearing ratio dropped to 28%. Chief Operating and Financial Officer Lam Chin stated that the company still maintains a net gearing ratio target of between 40% and 45%.
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