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Public Bank's Hong Kong subsidiary warns of up to HK$2bil loss for FY26

KUALA LUMPUR: Public Bank Bhd's 73.23%-owned subsidiary, Public Financial Holdings Ltd (PFHL), expects to incur an after-tax loss of between HK$1.9bil and HK$2bil for the financial year ending Dec 31, 2026 (FY26), following a full impairment of goodwill.

The Star MalaysiaThe Star查看原文 ↗
大众银行香港子公司警告称,2026财年亏损可能高达20亿港元。

KUALA LUMPUR: Public Bank Bhd 's 73.23%-owned subsidiary, Public Financial Holdings Ltd (PFHL), expects to incur an after-tax loss of between HK$1.9bil and HK$2bil for the financial year ending Dec 31, 2026 (FY26), following a full impairment of goodwill.

The projected loss compares with an after-tax profit of HK$80mil recorded in FY25.

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