China Huirong Reports Robust Interim Growth

China Huirong Financial Holdings Ltd. (HK:1290) has released an update.

China Huirong Financial Holdings Ltd. has reported an 11% increase in operating income and an 11% rise in profit attributable to owners, with a basic earnings per share growth of 12% for the first half of 2024. Despite a surge in total liabilities by 21%, the company’s total assets grew by 7%, and loans to customers increased by 8%. However, there was a notable 13% decrease in cash at bank and on hand during the period.

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