As of September 30, 2024, arta techfin's interim results for six months showed that revenue increased year-on-year to approximately HKD 203.77 million, a growth of 227.6% compared to HKD 62.21 million in the same period last year. However, operating expenses decreased to HKD 343.9 million, resulting in a consolidated net loss reduced to HKD 193.97 million, a year-on-year decrease of 58.8%. The basic and diluted loss per share was 0.11 cents, an improvement from 0.25 cents in the same period last year. Management pointed out that the performance of asset management, wealth management, and insurance brokerage businesses has significantly improved, and the company is actively expanding its customer base and sources of income. Due to these factors, revenue and other income increased by approximately HKD...Show More

As of September 30, 2024, arta techfin's interim results for six months showed that revenue increased year-on-year to approximately HKD 203.77 million, a growth of 227.6% compared to HKD 62.21 million in the same period last year. However, operating expenses decreased to HKD 343.9 million, resulting in a consolidated net loss reduced to HKD 193.97 million, a year-on-year decrease of 58.8%. The basic and diluted loss per share was 0.11 cents, an improvement from 0.25 cents in the same period last year. Management pointed out that the performance of asset management, wealth management, and insurance brokerage businesses has significantly improved, and the company is actively expanding its customer base and sources of income. Due to these factors, revenue and other income increased by approximately HKD 130 million. At the same time, expenses such as employee benefits and financing costs decreased by about HKD 190 million, which aligns with the company's implemented cost-effectiveness measures. Although consulting, legal, and professional fees increased by about HKD 30 million, and other operating expenses rose by about HKD 20 million, the overall loss still significantly decreased. Looking ahead, arta techfin will continue to improve its operational performance by formulating new business strategies and strictly controlling costs. Management is confident about the outlook, especially regarding the onboarding of new talent, development of new customers, and product expansion. The company will prudently allocate resources in order to achieve better business performance against the backdrop of the recovery of the Hong Kong market and the resurgence of economic momentum in greater china.