China Huirong (01290) released its interim results for the six months ended June 30, 2024. The group achieved revenue...
According to the announcement, China Huirong (01290) released its interim results for the six months ended June 30, 2024. The group achieved operating revenue of 0.351 billion yuan (unit as mentioned above), an increase of 11% year-on-year. The profit attributable to the company's shareholders was 30.609 million yuan, an increase of 11% year-on-year. The basic earnings per share were 0.028 yuan.
During the reporting period, facing adverse changes in the external market environment, the company focused on value creation and maintained growth in operating scale and revenue against the trend. In the inclusive finance division, the real estate mortgage loans adopted a strategy of developing both large and small loans to explore differentiated development. Non-mortgage loans attempted to explore listed company stock pledge loans, while the art investment business continued to develop cautiously. In the ecological finance division, the commercial factoring business achieved new breakthroughs in scale and efficiency. The financing leasing actively reserved customers and continued to explore development paths. The supply chain management business focused on daily consumer goods such as grains and fresh produce. The private equity investment business maintained a stable investment pace. The special asset investment business strengthened the management of key projects and promoted project exits and replication.
