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Asia Financial Holdings ( (HK:0662) ) has provided an announcement.
Asia Financial Holdings Limited has announced a positive profit alert, expecting a more than 70% increase in net profit for the year ending December 31, 2024, compared to the previous year. This significant profit growth is attributed to gains in the company’s investment portfolio due to a global equity market upturn and increased insurance revenue, supported by diversified overseas reinsurance activities. The final audited results will be released by March 2025, and stakeholders are advised to exercise caution when dealing with the company’s shares.
More about Asia Financial Holdings
Asia Financial Holdings Limited is a company operating in the financial industry, with a focus on investment and insurance services. The company is involved in managing an investment portfolio and engaging in reinsurance activities, particularly overseas.
YTD Price Performance: -1.27%
Average Trading Volume: 33,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$3.6B
For a thorough assessment of 0662 stock, go to TipRanks’ Stock Analysis page.