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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) just unveiled an announcement.
China Development Bank Financial Leasing Co., Ltd. announced its audited consolidated results for the year ending December 31, 2024. The company reported a total revenue of RMB 25.44 billion, with finance lease income contributing 38% and operating lease income contributing 51.1% of the operating income. The company saw an increase in operating lease income by 4.7 percentage points year-on-year, while finance lease income saw a decrease of 1.9 percentage points. The profit for the year was RMB 4.5 billion, showing a positive growth trend compared to previous years. The financial results indicate a strong performance in operating leases, which could enhance the company’s positioning in the leasing industry.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. operates in the financial leasing industry, focusing on providing finance and operating lease solutions. The company is not authorized to conduct banking or deposit-taking business in Hong Kong and is not supervised by the Hong Kong Monetary Authority.
YTD Price Performance: -15.62%
Average Trading Volume: 2,961
Technical Sentiment Signal: Sell
Current Market Cap: €1.85B
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