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China Financial Services Holdings Limited ( (HK:0605) ) has shared an announcement.
China Financial Services Holdings Limited reported a significant turnaround in its financial performance for the year ended December 31, 2024. The company achieved a profit attributable to owners of HK$41.2 million, compared to a loss of HK$159.9 million in the previous year, marking a 125.8% improvement. This positive outcome was driven by a reversal of impairments and liabilities, despite a 22.7% decrease in interest and financing consultancy services income. The results highlight the company’s efforts to stabilize its operations and improve its financial health, which could enhance its industry positioning and stakeholder confidence.
More about China Financial Services Holdings Limited
China Financial Services Holdings Limited operates in the financial services industry, primarily offering interest and financing consultancy services. The company is incorporated in Hong Kong and focuses on providing financial solutions to its clients.
YTD Price Performance: -15.29%
Average Trading Volume: 578,142
Technical Sentiment Signal: Hold
Current Market Cap: HK$269.1M
For an in-depth examination of 0605 stock, go to TipRanks’ Stock Analysis page.