RONGZHONG FIN (03963) Reports Annual Results, with Net Loss Attributable to Owners Widening to HK$10.036 Million

Stock News06-26

RONGZHONG FIN (ASX: 03963) has released its financial results for the year ended March 31, 2026. The company reported revenue of approximately HK$85.416 million, representing a year-on-year increase of 2.26%.

The net loss attributable to owners of the company amounted to HK$10.036 million, marking a significant increase of 23.72% compared to the previous corresponding period. The loss per share was 2 Hong Kong cents.

According to the company's announcement, the rise in revenue was primarily attributed to an increase in income from debt collection services. This increase was influenced by factors such as the recoverability of entrusted debts and the duration required for repayment.

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