The Swire Group’s two publicly listed flagship companies delivered strong financial results in the first six months of 2021, marking a strong bookend to the tenure of Merlin Bingham Swire before the six-generation scion of the founder steps down on August 24 as chairman.Swire Pacific, one of Asia’s largest conglomerates, returned to profit with HK$1.26 billion (US$162 million) in underlying interim net income, swinging from a loss of HK$5.48 billion last year. Sales of the group, with…
Source : South China Morning Post
Read more…Swire’s flagships post strong interim results, capping family scion’s helmsmanship of Hong Kong units through rough times
