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CHINA VERED FIN (00245.HK) expects to turn a loss into a profit for the year.
On January 27, Glorious reported that CHINA VERED FIN (00245.HK) announced that the group expects to record a net profit of not less than HKD 220,000,000 for the year ending December 31, 2024, compared to a net loss of approximately HKD 23,600,000 for the corresponding period in 2023. The turnaround from loss to profit is primarily attributed to realizing a significant investment income net amounting to not less than HKD 400,000,000, while the corresponding period recorded a net income of approximately HKD 81,800,000. The impact of the above factors is expected to be partially offset by increased employee costs and related expenses compared to the corresponding period.
Express News | China Vered Financial Sees Net Profit of Not Less Than HK$220 Mln for Year
CHINA VERED FIN: POSITIVE PROFIT ALERT
CHINA VERED FIN (00245.HK): Current independent non-executive director Zheng Dashuang has been appointed as the chief independent non-executive director.
On January 21, Gelonghui reported that CHINA VERED FIN (00245.HK) announced that the company's current executive Director Cao Jianmei was appointed as a member of the company's nomination committee, while the company's current independent non-executive Director Zheng Dazhuang was designated as the chief independent non-executive Director, effective from January 21, 2025.
CHINA VERED FIN (00245.HK): Cao Jianmei has been appointed as the Executive Director.
On December 13, 2023, GGV announced that CHINA VERED FIN (00245.HK) has appointed Cao Jianmei as the executive Director of the company, effective from December 13, 2024.
Express News | China Vered Financial Holding - Cao Jianmei Has Been Appointed as an Executive Director
