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Hong Kong Finance's Profit Sees 18% Hike in Fiscal H1
hk finance gp (01273) will distribute a mid-term dividend of 0.013 Hong Kong dollars per share on January 14, 2025.
hk finance gp (01273) announced that it will distribute dividends as of September 30, 2024, on January 14, 2025...
hk finance gp (01273.HK) achieved a net profit of 24.4 million HK dollars in the first half of the financial year, a year-on-year increase of 17.9%.
On November 27, Glonghui reported that hk finance gp (01273.HK) announced that for the six months ending September 30, 2024, the group's overall financial performance grew steadily, with interest income reaching 83 million HKD, despite the company incurring additional receivables from loans and interest as well as impairment provisions for recovered assets totaling 10.6 million HKD. The shareholder's profit attributable to the company reached 24.4 million HKD, an increase of 17.9%. The mortgage loan business secured by properties remains the main source of the group's revenue, accounting for approximately 67.6% of the total income during this period. Interest income from mortgage loans secured by properties increased by 18.9% to 5.
HK FINANCE GP: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
hk finance gp (01273.HK) held a board of directors meeting on November 27 to approve the publication of the interim results.
Gelonghui reported on November 15 that hk finance gp (01273.HK) announced that it will hold a board of directors meeting on November 27, 2024 (Wednesday). The board of directors will pass resolutions at the meeting, including the approval of the company's and its subsidiaries' interim results for the six months ending September 30, 2024, as well as considering the distribution of an interim dividend (if any).
HK FINANCE GP: Annual Report 2024