Zhejiang Orient Reports Normal Business Operations and Stable Profit Structure

Deep News06-24

Zhejiang Orient Holdings Group Co.,Ltd. (ASX: 600120) has indicated in response to investor inquiries that its current business operations are proceeding normally, with a profit structure described as relatively stable and healthy.

The company's profit composition is primarily derived from several key areas.

The first is the core business profits from its various financial and quasi-financial institutions.

Its subsidiary, Orient Jiarun Life Insurance, has been profitable for two consecutive years, reporting a profit of 60 million yuan last year.

Dadi Futures maintains steady operations and provides a stable profit contribution to the group.

The business scale of Guojin Leasing stands at approximately 14 billion yuan, with its return on equity (ROE) consistently remaining around 10% in recent years.

The second major component is the company's investment business.

This includes profits generated from equity and financial assets held directly by the company and through its investment funds.

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