Yangzhou Guangling District Taihe Rural Micro-finance Company Limited Class H (HK:1915) has released an update.
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Yangzhou Guangling District Taihe Rural Micro-finance Company Limited reported a slight decrease in interest income for the first half of 2024, with a 0.4% drop from the same period in 2023. Losses after tax for the company improved, decreasing from RMB12.8 million to RMB9.4 million, thanks to reduced subsidiary losses and impairment losses. The company also saw a modest increase of 1.1% in outstanding loans before impairment losses.
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