HSBC Holdings (0005) announced its annual results as of the end of December last year, with a pre-tax profit of US$18.9 billion, an increase of 114.7% year-on-year, and an adjusted profit before taxation of US$21.9 billion, an increase of 79%. The dividend was 18 cents, and the interim dividend was 25 cents for the year.
The bank announced it would repurchase an additional $1 billion in shares, following the current $2 billion buyback.
HSBC's performance outlook | Last year's pre-tax profit is expected to be more than doubled, experts call for attention to the bank's future investment