CHINA VERED FIN issued a profit warning, expecting a net profit of no less than HKD 600 million for the interim period, turning a profit compared to the same period last year

Zhitong
2025.07.18 11:02
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CHINA VERED FIN expects a net profit of no less than HKD 600 million within the six months ending June 30, 2025, turning a profit. The main reasons include obtaining significant investment income of over HKD 700 million, a reduction in employee costs, and a decrease in provisions for impairment of financial assets. During the corresponding period, the company had a loss of approximately HKD 20.6 million