According to Zhitong Financial App, China Financial Holdings (00875) announced that the group expects net profit for the first half of 2023 to be about HK$28 million to HK$32 million, an increase of about 112% to 142% over the previous year. The increase in net profit was mainly due to an increase in gross profit due to an increase in revenue during the reporting period; and the net recovery of impairment losses on receivables was approximately HK$35 million during the reporting period.
中国金控(00875)发盈喜 预期上半年净利约2800万-3200万港元 同比增长约112%至142%
China Financial Holdings (00875) is profitable and expects net profit of about 28 million to HK$32 million for the first half of the year to increase by about 112% to 142% year-on-year
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