Hong Kong Exchanges and Clearing Ltd (STU:HK2C)
€ 38.6 1.815 (4.93%) Market Cap: 49.43 Bil Enterprise Value: 20.31 Bil PE Ratio: 33.29 PB Ratio: 7.48 GF Score: 89/100

Full Year 2019 Hong Kong Exchanges and Clearing Ltd Earnings Call Transcript

Feb 26, 2020 / 09:30AM GMT
Release Date Price: €30.2 (-0.66%)
Unidentified Company Representative

Good day, ladies and gentlemen. Welcome to HKEX Group 2019 Full Year Results Conference Call and Webcast. With us today are our Chief Executive, Charles Li; Co-President, Romi Lamba; and the Group CFO, Vanessa Lau.

With that, I'm going to pass to Charles.

Xiaojia Li
Hong Kong Exchanges and Clearing Limited - CEO & Executive Director

Hi, everyone. Thank you for making the effort to attend our virtual video -- no, actually, audio annual results announcement. I wish we could see each other like we used to. But at least, if you're calling from home, at least, you can lie on the couch.

Okay. Great. We're going to -- just to quickly run you through the results and then some of the strategic positioning and update. And then we will open up for questions.

Just some of the 2019 key highlights. Despite the very significant macro and local geopolitical challenges last year, we achieved record revenue, record EBITDA and record PAT. Last year, our market has been quite soft for all the reasons that we all know:

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