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China Huirong Financial Holdings Ltd. ( (HK:1290) ) has provided an announcement.
China Huirong Financial Holdings Ltd. reported its interim results for the six months ending June 30, 2025, showing a slight decrease in operating income by 2% compared to the previous year. Despite the drop in income, the company managed to increase its profit attributable to owners by 7%, indicating improved efficiency or cost management. The financial position of the company saw a reduction in total assets by 5% and liabilities by 14%, suggesting a strategic move to streamline operations. Cash reserves increased by 11%, reflecting a stronger liquidity position. These results may impact the company’s operational strategies and stakeholder confidence moving forward.
The most recent analyst rating on (HK:1290) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Huirong Financial Holdings Ltd. stock, see the HK:1290 Stock Forecast page.
More about China Huirong Financial Holdings Ltd.
China Huirong Financial Holdings Ltd. operates in the financial services industry, primarily offering loans, consultancy, and finance lease services. The company is focused on providing financial solutions and products to its customers, with a market presence in the region.
Average Trading Volume: 533,769
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$665.1M
For a thorough assessment of 1290 stock, go to TipRanks’ Stock Analysis page.