Sector: Technology | Industry: N/A |
Company Contact | |
Address: | 9F Unit 3 Building C Kexing Science Park 15 Keyuan Road, Technology Park SHENZHEN GNG 518057 |
Tel: | N/A |
Website: | https://www.futuholdings.com |
IR: | See website |
Key People | ||
Hua Li Chairman of the Board, Chief Executive Officer, Founder | Yu Chen Chief Financial Officer | Li Xu Senior Vice President |
Business Overview |
Futu Holdings Limited is an investment holding company engaged in offering digitized brokerage platforms. The Company is involved in the provision of online brokerage services and margin financing services through software and websites. The Company mainly provides investing services through its digital brokerage platform under the name of Futu NiuNiu. The Company's service offerings include trade executions and margin financings, which allow its clients to trade securities across markets, such as stocks, warrants, options and exchange traded funds (ETFs). In addition, the Company also provides financial information and online community services. |
Financial Overview |
For the fiscal year ended 31 December 2023, Futu Holdings Ltd (ADR) revenues increased 31% to HK$10.01B. Net income increased 46% to HK$4.28B. Revenues reflect Interest Income on Loan-Business-Total increase of 72% to HK$5.54B, Other income - Balancing value increase of 52% to HK$481.5M. Net income benefited from Others, net - Balancing value increase from HK$194.7M (expense) to HK$51.5M (income). |