The financial app Zhitong Finance (METROPOLIS CAP 08621) announced its mid-term performance in 2024, with a year-on-year increase in income of 30.4% to 30.6 million yuan. The company's net profit attributable to owners decreased by 27.41% to 4.3968 million yuan. Earnings per share were 0.46 cents.

The announcement stated that the increase in income was mainly due to a significant increase in revenue from consulting services in finance leasing. The decrease in net profit was mainly due to the change in provisions for loss on accounts receivable from finance leasing and post-sale leaseback arrangements during the same period to provisions for loss on lease receivables recognized during the reporting period; an increase in other operating expenses, partly offset by the aforementioned increase in revenue; a reversal of provisions for loss on factoring accounts receivable net; and a decrease in financing costs.