Allied Group Ltd 2003 AR2
The report outlines Allied Group Limited's financial and operational performance for the fiscal year 2003. Despite challenges from the SARS outbreak in the first half of the year, the group achieved a significant turnaround, reporting a profit attributable to shareholders of HK$486.5 million compared to a loss in 2002. This recovery was driven by reduced impairment losses in its property portfolio and strong performance in its financial services sector, including consumer finance and broking. Additionally, the company completed a major share repurchase program during the year.
Company: Allied Group Ltd
Sector: Financials
Country: Hong Kong
Year: 2003
Type: AR2
Pages: 89
Allied Group Ltd
Annual Report
The report outlines Allied Group Limited's financial and operational performance for the fiscal year 2003. Despite challenges from the SARS outbreak in the first half of the year, the group achieved a significant turnaround, reporting a profit attributable to shareholders of HK$486.5 million compared to a loss in 2002. This recovery was driven by reduced impairment losses in its property portfolio and strong performance in its financial services sector, including consumer finance and broking. Additionally, the company completed a major share repurchase program during the year.
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Document Details
Report Year
2003
Reporting Period
Jan 1, 2003 - Dec 31, 2003
Fiscal Year
2003
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees