China Rongzhong Financial Reports 6% Drop in Revenue to HK$83.5M for FY2025

Reuters06-26

China Rongzhong Financial Reports 6% Drop in Revenue to HK$83.5M for FY2025

China Rongzhong Financial Holdings Company Ltd. has announced its audited annual results for the year ended 31 March 2025. The Group reported a revenue of HK$83.529 million, compared to HK$89.004 million in the previous year, reflecting a decline. Other income increased slightly to HK$372,000 from HK$327,000. The cost of services was HK$45.143 million, marginally up from HK$44.998 million the prior year. Staff costs decreased to HK$27.162 million from HK$28.488 million. The Group also recorded other gains and losses of a negative HK$1.157 million, contrasting with a gain of HK$545,000 the previous year. The Group's revenue is primarily generated from leasing services and debt collection and credit investigation services across Hong Kong, the PRC, and Singapore. The company is currently assessing the impact of HKFRS 18 on its consolidated financial statements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Rongzhong Financial Holdings Company Ltd. published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

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The Group reported a revenue of HK$83.529 million, compared to HK$89.004 million in the previous year, reflecting a decline. Other income increased slightly to HK$372,000 from HK$327,000. The cost of services was HK$45.143 million, marginally up from HK$44.998 million the prior year. Staff costs decreased to HK$27.162 million from HK$28.488 million. The Group also recorded other gains and losses of a negative HK$1.157 million, contrasting with a gain of HK$545,000 the previous year. The Group's revenue is primarily generated from leasing services and debt collection and credit investigation services across Hong Kong, the PRC, and Singapore. The company is currently assessing the impact of HKFRS 18 on its consolidated financial statements.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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While PUBT strives to p","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"03963":"融众金融"},"translate_title":"中国融众财务报告2025财年收入下降6%至8,350万港元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03963":0.9},"content_text":"China Rongzhong Financial Reports 6% Drop in Revenue to HK$83.5M for FY2025\n    \n\n        China Rongzhong Financial Holdings Company Ltd. has announced its audited annual results for the year ended 31 March 2025. The Group reported a revenue of HK$83.529 million, compared to HK$89.004 million in the previous year, reflecting a decline. Other income increased slightly to HK$372,000 from HK$327,000. The cost of services was HK$45.143 million, marginally up from HK$44.998 million the prior year. Staff costs decreased to HK$27.162 million from HK$28.488 million. The Group also recorded other gains and losses of a negative HK$1.157 million, contrasting with a gain of HK$545,000 the previous year. The Group's revenue is primarily generated from leasing services and debt collection and credit investigation services across Hong Kong, the PRC, and Singapore. The company is currently assessing the impact of HKFRS 18 on its consolidated financial statements.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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