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RONGZHONG FIN: 2024 Annual Report
Rongzhong Fin (03963.HK) had an annual income of about HKD 89 million, a year-on-year increase of about 4.9%.
Rongzhong Fin (03963.HK) announced on June 27th that for the fiscal year ending March 31, 2024, the Group recorded a revenue of approximately HKD 89.0 million, a year-on-year increase of approximately 4.9%. The company had an annual loss of approximately HKD 7.6 million, a decrease of approximately 93.9% compared to the loss of approximately HKD 123.3 million recorded in the same period last year. This is mainly due to (i) the reduction of approximately HKD 78.1 million in the provision for expected credit losses of the Group's financial assets; (ii) the reduction of approximately HKD 9.6 million in impairment loss provisions for goodwill recognized by the Group; and (iii) the sale of several subsidiaries of the Group in the previous year.
Rongzhong Fin (03963) announced its annual results, with a net loss of HKD 9.615 million, a year-on-year decrease of 92.28% for the equity holders.
Rongzhong Fin (03963) announced its annual performance for the year ending March 31, 2024, with revenue of HKD 89,004,000...
RONGZHONG FIN: PRELIMINARY ANNOUNCEMENT OF THE AUDITED ANNUAL RESULTSFOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 ANDCLOSURE OF REGISTER OF MEMBERS
Rongzhong Financial to Narrow Losses in Fiscal Year 2024
China Rongzhong Financial Holdings (HKG:3963) expects a loss of around HK$7.6 million for the year ended March 31, down from HK$123.3 million in the previous fiscal year, according to a Monday disclos
Express News | China Rongzhong Financial - Expected Result Due to Decrease in Finance Costs of About HK$28.4 Mln, Others
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