Oi Wah Pawnshop Reports Profit Decline Amidst Revenue Drop

Oi Wah Pawnshop Credit Holdings Ltd. (HK:1319) has released an update.

Oi Wah Pawnshop Credit Holdings Ltd. reported a 3.5% decline in revenue and a significant 38.5% drop in profits for the six months ending August 2024, compared to the same period last year. Despite the challenging financial results, the company maintained a robust net interest margin and declared an interim dividend. Investors may find the company’s strategic focus on its pawn and mortgage loan services noteworthy as it navigates through financial headwinds.

For further insights into HK:1319 stock, check out TipRanks’ Stock Analysis page.