K Cash Fintech's Profit to Rise in H1

MT Newswires Live

07/04

K Cash Fintech (HKG:2483) expects a year-over-year rise in profit for the six months ended June 30 from HK$34.3 million a year prior, a Friday Hong Kong bourse filing said.

The money lender attributed the anticipated rise in profit mainly to lag behind effect of loans previously granted by the firm, as well as the recognition of the interest income generated from the loans.

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