On November 27, Glonghui announced that hk finance gp (01273.HK) reported stable overall financial performance for the six months ended September 30, 2024, with interest income reaching 83 million HKD, despite the company incurring additional receivables from loans and interest as well as impairment provisions for recovered assets amounting to 10.6 million HKD. The profit attributable to the shareholders of the company was 24.4 million HKD, an increase of 17.9%.

The mortgage loan business secured by properties remains the main source of income for the group, accounting for approximately 67.6% of the total income during the period. Interest income from the mortgage loan business increased by 18.9% to 56.1 million HKD. As of September 30, 2024, the company's receivables from secured mortgage loans and interest totaled 0.714 billion HKD. The interest income from unsecured personal loans increased by 3.5% to 26.9 million HKD, accounting for about 32.4% of the group's income during the period. As of September 30, 2024, the company's receivables from unsecured personal loans and interest totaled 0.199 billion HKD.