RONGZHONG FIN (03963) Issues Profit Warning, Expects Interim Loss of Approximately HK$734,000

Stock News11-24

RONGZHONG FIN (03963) announced that based on the unaudited consolidated management accounts for the six months ended September 30, 2025, the group expects to record an interim loss of approximately HK$734,000, compared to a loss of about HK$3.438 million for the same period last year (ended September 30, 2024). The board attributed the reduced loss primarily to increased revenue during the reporting period. The revenue growth was mainly driven by higher income from debt collection services, influenced by factors such as the recoverability of entrusted receivables and collection timelines.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment