DL Group

DL Holdings Group (1709.HK) Reports Net Profit of Over HK$100 Million

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Monday, June 27, 2022
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HONG KONG, June 27, 2022 /PRNewswire/ -- Focused on the needs of its core family office clients, DL Holdings Group (DL Holdings, DL), with US$3 billion in assets under management and advisory, is transforming itself into a "multi-family office and investment platform" with its own capital and assets, which will differentiate itself from industry peers such as single-family offices, multi-family offices on an advisory basis, multi-family offices on a discretionary basis, and traditional funds and asset management companies. DL Holdings aims to provide comprehensive services such as private banking, investment banking, funds, trusts, immigration, education, philanthropy, and impact investing. It has expanded its footprint to the Chinese Mainland, Singapore, the United States, and Japan, with an eye on becoming the leading multi-family office and investment platform in the Asia-Pacific region.

Key Points: 
  • DL Holdings aims to provide comprehensive services such as private banking, investment banking, funds, trusts, immigration, education, philanthropy, and impact investing.
  • For the year that ended on 31 March 2022, the company posted total revenue of HK$309 million, gross profit of HK$170 million, gross profit margin of 55.9%, net profit of HK$110 million, and a net profit margin of 35.5%.
  • Despite a highly volatile market in 2021-2022, DL Holdings managed to post a trend-setting net profit of over HK$100 million, reflecting its strong competitive advantages in the industry.
  • According to its annual report, the company's provisions for financial services from licensed businesses generated HK$140 million in revenue and HK$72 million in profit.