trending Market Intelligence /marketintelligence/en/news-insights/trending/pPFTfCTXnG18a7FPyMjVQA2 content esgSubNav
In This List

Value Partners expects 89% YOY decline in FY'18 profit


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

Value Partners expects 89% YOY decline in FY'18 profit

Hong Kong's Value Partners Group Ltd. expects to post an approximately 89% year-over-year decline in profit for the 2018 full year.

The company expects to report a consolidated profit attributable to equity holders of about HK$220 million, down from HK$2.05 billion in the prior-year period, according to a Jan. 11 release.

Value Partners attributed the expected decline to a drop in fee income to an estimated HK$56 million from HK$2.57 billion a year earlier, as returns for most of the relevant funds under management did not surpass their previous high watermark or benchmark as of the end of 2018.

The company also attributed the decline to an absence of net fair value gains and realized gains of the company's seed capital investments and investments in its own funds.