For the full year, the Bank of East Asia reported a net profit HK$6.51 billion, compared with HK$9.35 billion in 2017. Photo: Felix Wong

Bank of East Asia profit up 3 per cent in 2018, misses analysts’ forecasts

  • Hong Kong’s largest independent bank completed a HK$700 million cost-cutting programme last year
  • Sees ‘significant opportunities’ in opening up of mainland China’s financial sector
Topic |   Hong Kong company reporting season

TOP PICKS

For the full year, the Bank of East Asia reported a net profit HK$6.51 billion, compared with HK$9.35 billion in 2017. Photo: Felix Wong
READ FULL ARTICLE