Summary by Futu AI
K Cash Group Limited ("K Cash") announces its interim performance for the six months ended June 30, 2024. During the period, the Group achieved interest income of HK$136,029 thousand, an increase from HK$125,993 thousand in the same period last year. The total surplus and comprehensive income during the period was HK$34,307 thousand, higher than HK$26,178 thousand in the same period last year. Basic and diluted earnings per share were HK$0.0686, slightly lower than HK$0.0698 in the same period last year. The total assets were HK$1,290,998 thousand, an increase from HK$1,241,597 thousand at the end of last year. K Cash's main business is providing unsecured loans in Hong Kong, and it was listed on the Main Board of The Stock Exchange of Hong Kong Limited on December 5, 2023. The Group actively uses technology to improve service quality and has launched credit card businesses, hoping to gradually expand its customer base. The Board of Directors declared a mid-year dividend of HK$0.034 per share, payable on September 20, 2024.
