China Vered Reports Reduced Earnings and Losses

China Vered Financial Holding Corporation Limited (HK:0245) has released an update.

China Vered Financial Holding Corporation Limited reported a decrease in total revenue and a net loss for the six months ending June 30, 2024, compared to the same period last year. The company experienced a significant drop in interest, commission, and fee income, as well as higher losses on financial assets and increased operating expenses. Despite these challenges, the loss per share for the owners of the company slightly improved.

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