Hanhua Financial Holdings (03903) announced the results for the year ended December 31, 2023. The group achieved operating income...
According to the Zhitong Finance App, Hanhua Financial Holdings (03903) announced the results for the year ended December 31, 2023. The group achieved operating income of 505 million yuan, a year-on-year decrease of 16.1%, and realized net profit of 23.8 million yuan, a year-on-year decrease of 54.2%. Earnings per share were $0.007.
Affected by changes in the external market environment and industry policies, as well as the Group's comprehensive promotion of digital strategic transformation, active adjustment of the business structure, and optimization of resource allocation, the scale of investment in the Group's small and micro credit business (small and micro credit business refers to the small and micro loan business carried out by six microfinance companies registered by the Group in Chongqing, Tianjin, Shenyang, Guiyang, Nanjing and Shenzhen) has declined further.