Gelonghui August 31st 丨Lung Shing Finance (01225.HK) announced,Consolidated revenue for the six months ended June 30, 2022 was approximately HK$83.2 million, a decrease of approximately 18.5% over the same period in 2021.The loss attributable to the company's owners was approximately HK$102 million (2021: HK$8.1 million).Loss of HK43.74 per share.The Board does not recommend the payment of an interim dividend for the six months ending June 30, 2022 (2021: none).
The decrease in consolidated income was mainly due to a decrease in interest income from loans receivable and financial leases receivable, of which the increase was approximately HK$25.4 million.The Group strives to develop and expand the financial sector in Hong Kong and China, including lending business, financial leasing and securities brokerage business. To further expand the business, the company will focus on existing business and also plan to participate in providing other financial services, including but not limited to providing corporate financing, asset management, financing planning services, etc., to make good use of the Group's existing financial sector business.
