Gelonghui August 11th 丨Shu Xiong Financial Group (08226.HK) announced that in the six months ending June 30, 2023, the Group's revenue increased to approximately HK$13.6 million (2022: HK$13 million), an increase of about 4.6% over 2022. The increase in turnover was mainly due to an increase in segment earnings from the debt lending business.
The Group recorded a net profit of approximately HK$7.6 million in the six months ending June 30, 2023, an improvement over the net loss of approximately HK$22 million for the same period in 2022.