GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Swire Pacific Ltd (HKSE:00087) » Definitions » Policy Acquisition Expense

Swire Pacific (HKSE:00087) Policy Acquisition Expense


View and export this data going back to 1973. Start your Free Trial

What is Swire Pacific Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


Swire Pacific Business Description

Address
88 Queensway, GPO Box 1, 33rd Floor, One Pacific Place, Hong Kong, HKG
Swire Pacific is a Hong Kong-based conglomerate with interests in property, aviation, beverage, trading, and industrials. The property division, an 82% stake in Swire Properties, contributes more than half of the group's operating profit. The beverage division is one of two Coca-Cola bottlers in mainland China and also a bottler in Hong Kong, Taiwan, Thailand, Laos, Vietnam, and Cambodia. The aviation division consists of Haeco, an aircraft engineering company, and a 45% stake in Cathay Pacific. As of end December 2023, John Swire & Sons, the parent company, holds a 60% stake in Swire Pacific but has 68% of the voting rights through a dual-class share structure.
Executives
John Swire & Sons Limited