China Success Finance Group Holdings Ltd. (HK:3623) has released an update.
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China Success Finance Group Holdings Ltd. has reported a substantial increase in revenue for the six months ending 30 June 2024, with a figure of 54,511 RMB ‘000, marking a dramatic 1,763% rise from the previous year. Despite this revenue surge, the company experienced a decline in other revenue and net losses, although the losses before and after taxation have decreased by 38.3% and 36.8%, respectively, indicating some improvement in financial performance. Total assets have decreased slightly by 5.7% while total equity fell by 6.8% compared to the end of the previous year.
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