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VCREDIT Holdings Reports Earnings Dip, Boosts AI Tech
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VCREDIT Holdings Reports Earnings Dip, Boosts AI Tech

VCREDIT Holdings Limited (HK:2003) has released an update.

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VCREDIT Holdings Limited reported a decline in both total income and net profits by 9.3% and 60.2%, respectively, for the six months ending June 30, 2024, reflecting challenging macroeconomic conditions. In response, the company tightened risk controls and improved operational efficiency, while also focusing on high-quality borrowers and advancing financial technology, including the launch of their new AI initiatives ‘Sunbird AI Hub’ and ‘VQuickMind’ 2.0 to enhance customer service and risk management.

For further insights into HK:2003 stock, check out TipRanks’ Stock Analysis page.

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