Haosen Fintech (03848) announced its six-month performance as of June 30, 2024, with a profit of 54.81 million yuan, a 0.5% year-on-year decrease.
According to the financial report released by Haosen Fintech (03848) for the six months ending June 30, 2024, the company's profit was 54.816 million yuan, a decrease of 0.5% year-on-year. The attributable profit to shareholders of the company was 7.694 million yuan, a decrease of 62.2%. The basic earnings per share was 4.92 cents.
The decrease in year-on-year profit during the period was due to an increase in the expected credit provision for loans and accounts receivable.