Sheng Yuan Holdings (00851) released its six-month performance ending on June 30, 2024, with earnings of HK$14.41 million...
Sheng Yuan Holdings (00851) released its six-month performance ending on June 30, 2024, with earnings of HK$14.41 million, a year-on-year growth of 292.3%; net income of HK$29.803 million, compared to a loss of HK$17.688 million in the same period last year; basic earnings per share of 3.38 Hong Kong cents.
The increase in expenses and commission income during the period is mainly due to the group's increased provision of financial advisory and custody services.