Established in the early 1990s, Kingston Financial Group (Stock Code: 1031) provides a full range of financial services including securities trading, futures trading, corporate finance and asset management.The Group is also engaged in hotel and entertainment business in Macau, with current holdings of 2 four-star casino hotels, including Grandview Macau and Casa Real in Macau.
Kingston Financial, which operates casinos in Macau under SJM Holding’s license, reported a 13 percent decline in revenue for the year ending March 31, with income from its gaming division declining.
The Kingston Financial Group issued a statement to the Hong Kong Stock Exchange at the end of last week warning that there would be a sharp decrease in profits. “The board of directors of the company wishes to inform the shareholders and potential investors of the company that the company and its subsidiaries anticipates to […]
The chief executive of Kingston Financial Group, Pollyanna Chu, has seen her net worth fall by nearly three-fourths due to a continued share price slide of her company, Reuters reports. Chu, who is also the head of Macau VIP junket group Golden Resorts Group, saw her wealth fall from $9.7 billion at the end of […]
Kingston Financial Group, which operates the Casa Real Hotel and Grandview Hotel in Macau, saw its profit increase 22 percent to HK$908.9 million (US$116.5 million) for the six months ended September 30, 2017. The increase, it said, was mainly attributed to an increase in income from its margin and IPO financing business. Turnover for the […]
Hong Kong-listed investment company Kingston Financial Group Ltd. has posted a 13 percent decline in profit for the year ended March 31, 2017. The group, which is principally engaged in the provision of a wide range of financial services, is also the operator of the Casa Real Hotel and Grandview Hotel in Macau. Kingston posted […]
Hong Kong-listed investment company Kingston Financial Group Ltd. reported a 19 percent decrease in profit for the six months ended September 30, 2016, due to the decrease in income from securities brokerage, underwriting and placements business. According to a filing on Monday, the company, which owns the Casa Real and Grandview casinos in Macau said […]
Investment holding company Kingston Financial Group Ltd has reported a increase in profit of 35 percent for the year ended March 31, 2016, according to a filing to the Hong Kong Stock Exchange. Last week, the operator said it expected a “significant increase” in profit, which was primarily attributable to the increase in income from […]
Investment holding company Kingston Financial Group Ltd says it anticipates to report a significant increase in its profit for the year ended March 31, 2016, according to a filing to the Hong Kong Stock Exchange. The company said the increase was primarily attributable to the increase in income from securities brokerage, underwriting and placements, margin […]
Kingston Financial, which operates two properties in Macau, reported a steep drop in interim profit from its hotel and gaming business, but said it doesn’t expect the market to deteriorate further in the long run. The Hong Kong-listed company, which is also involved in securities trading and financial services, said revenue from gaming and food […]