Alliance International Posts Strong Revenue Growth

International Alliance Financial Leasing Co., Ltd. (HK:1563) has released an update.

Alliance International Education Leasing Holdings Limited reported a significant increase in revenue, reaching RMB 811.8 million for the fifteen-month period ending March 31, 2024, which is a 120.1% jump from the previous year. However, the company experienced a decrease in profit before tax to approximately RMB 306 million, down from RMB 415 million at the end of 2022. Despite a dip in total assets, there was a 7.8% rise in total shareholders’ equity, reflecting a resilient financial position.

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