Huarong International Posts Turnaround Profit

Huarong International Financial Holdings Limited (HK:0993) has released an update.

Huarong International Financial Holdings Limited has reported a turnaround with a profit of HK$142,581,000 for the six-month period ending June 30, 2024, compared to a loss in the previous year. This notable recovery is reflected in the basic earnings per share improvement from a HK7.6 cents loss to a HK0.7 cents loss. The company’s comprehensive income also rose, showcasing a positive shift in its financial health.

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