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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . 麻 恒生 銀行 HANG SENG BANK ( Stock code : 11 ) INTERIM RESULTS FOR 2021 • Profit attributable to shareholders down 4 % to HK $ 8,767m ( HK $ 9,143m for the first half of 2020 ; up 16 % compared with HK $ 7,544m for the second half of 2020 ) . • • Profit before tax down 3 % to HK $ 10,298m ( HK $ 10,619m for the first half of 2020 ; up 17 % compared with HK $ 8,795m for the second half of 2020 ) . Operating profit down 8 % to HK $ 10,223m ( HK $ 11,134m for the first half of 2020 ; up 14 % compared with HK $ 8,991m for the second half of 2020 ) . Net operating income before change in expected credit losses and other credit impairment charges down by 10 % to HK $ 17,326m ( HK $ 19,187m for the first half of 2020 ; up 3 % compared with HK $ 16,881m for the second half of 2020 ) . Return on average ordinary shareholders ' equity of 9.9 % ( 10.7 % for the first half of 2020 ; 8.5 % for the second half of 2020 ) . Earnings per share down 4 % to HK $ 4.44 per share ( HK $ 4.64 per share for the first half of 2020 ) . Second interim dividend of HK $ 1.10 per share ; total dividends of HK $ 2.20 per share for the first half of 2021 ( HK $ 1.90 per share for the first half of 2020 ) . Common equity tier 1 ( ‘ CET1 ' ) capital ratio of 15.8 % , tier 1 ( ‘ T1 ' ) capital ratio of 17.4 % and total capital ratio of 18.9 % at 30 June 2021 ( CET1 capital ratio of 16.8 % , T1 capital ratio of 18.5 % and total capital ratio of 20.0 % at 31 December 2020 ) . Cost efficiency ratio of 39.0 % ( 32.8 % for the first half of 2020 and 40.9 % for the second half of 2020 ) . Within this document , the Hong Kong Special Administrative Region of the People's Republic of China has been referred to as ' Hong Kong ' . The abbreviations ' HK $ m ' and ' HK $ bn ' represent millions and billions of Hong Kong dollars respectively . 1