By South China Morning Post | Created at 2024-12-18 12:01:48 | Updated at 2024-12-18 15:00:05
2 hours ago
The Hong Kong Hospital Authority’s surplus more than doubled in 2023-24 from the previous financial year, while chief executive Tony Ko Pat-sing’s pay increased by 4.8 per cent.
The authority’s annual report, published on Wednesday, showed gains from investments had jumped to HK$1.99 billion (US$256 million) from HK$789 million a year earlier.
Its surplus widened to HK$986 million, which was more than two times larger than the HK$478 million recorded in 2022-23.
But staff costs rose by almost HK$3 billion, or 5 per cent, to HK$62.4 billion.
The authority, which manages the city’s public hospitals, also released the latest information about the pay packets of its top five earners.
Ko was the highest paid at HK$6.87 million for the year ended March 31, 2024. The figure was 4.8 per cent higher than the HK$6.56 million he received in the previous year.
