tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Development Bank Financial Leasing Reports Increased Profit Amid Revenue Dip

Story Highlights
  • China Development Bank Financial Leasing provides finance and operating lease services.
  • The company reported increased profits despite a slight revenue decline in the first half of 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Development Bank Financial Leasing Reports Increased Profit Amid Revenue Dip

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ).

China Development Bank Financial Leasing Co., Ltd. reported its unaudited interim results for the first half of 2025, showing a slight decrease in total revenue compared to the same period in 2024. Despite the revenue decline, the company achieved a notable increase in profit before income tax and profit for the reporting period, indicating improved operational efficiency and cost management. This performance may enhance the company’s industry positioning and provide positive implications for stakeholders.

The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.

More about China Development Bank Financial Leasing Co Ltd Class H

China Development Bank Financial Leasing Co., Ltd. operates in the financial leasing industry, providing finance and operating lease services. The company is not an authorized banking institution in Hong Kong and is not supervised by the Hong Kong Monetary Authority.

Average Trading Volume: 16,047,729

Technical Sentiment Signal: Buy

Current Market Cap: HK$21.24B

For a thorough assessment of 1606 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1