YUE DA INTL released its interim results, with a profit of HKD 15.353 million, a year-on-year decrease of 16.3%
YUE DA INTL released its interim results for the period ending June 30, 2025, with revenue of 32.256 million yuan, a year-on-year decrease of 15.78%; profit for the period was 15.353 million yuan, a year-on-year decrease of 16.3%; basic earnings per share were 1.31 cents. The announcement pointed out that the decrease in operating income was mainly due to the recovery of the Chinese consumer market being less than expected, and the group adjusted the proportion of its factoring business to reduce operational risks
According to the Zhitong Finance APP, YUE DA INTL (00629) announced its interim results for the six months ending June 30, 2025, with revenue of RMB 32.256 million, a year-on-year decrease of 15.78%; profit for the period was RMB 15.353 million, a year-on-year decrease of 16.3%; basic earnings per share were 1.31 cents.
The announcement stated that the decrease in operating income was mainly due to the recovery of the Chinese consumer market being less than expected. To reduce operational risks, the group adjusted the proportion of different factoring-related businesses, resulting in an increase in revenue from traditional factoring businesses while revenue from telecommunications-related factoring businesses decreased
