Capital fin (08239) announced its mid-term performance in 2024 with a profit of 5.968 million Hong Kong dollars, a decrease of 7% compared to the previous year...
According to the news from Zhitong Finance App, Capital fin (08239) announced its mid-term performance in 2024 with a profit of 5.968 million Hong Kong dollars, a decrease of 72.2% compared to the previous year; the company's owners suffered a loss of 12.03 million Hong Kong dollars, a conversion from profit to loss compared to the previous year. The loss per share is 29.53 Hong Kong cents.
The announcement stated that the decrease in income was mainly due to a reduction in interest income from short-term financing services in China during the mid-term period. The loss was mainly due to a decrease in total income; an increase in provisions for expected credit losses on customer loans; and a comprehensive impact from a decrease in financial costs.