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51 Credit Card Reports Subsidiary’s Financials

51 Credit Card Reports Subsidiary’s Financials

51 Credit Card Inc. (HK:2051) has released an update.

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51 Credit Card Inc. has reported a significant increase in consolidated revenue for its subsidiary China Netcom Technology Holdings Limited, with figures reaching approximately HK$22.54 million for the first half of 2024, compared to HK$9.85 million in the same period of the previous year. Despite this revenue jump, the group experienced a consolidated loss of around HK$3.40 million, showing improvement from the HK$4.39 million loss in the first half of 2023. These unaudited interim results were made public in accordance with Hong Kong regulatory requirements.

For further insights into HK:2051 stock, check out TipRanks’ Stock Analysis page.

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