VCREDIT Holdings Ltd (02003.HK) saw its stock price soar 6.82% in pre-market trading on Tuesday, following the release of its strong interim results for the first half of 2025. The company reported impressive financial growth and announced a dividend, boosting investor confidence.
According to the financial report, VCREDIT's total revenue for the six months ended June 30, 2025, reached RMB 2.5 billion, marking a substantial 43.8% increase year-on-year. More notably, the company's net profit surged by 79.5% to RMB 216 million compared to the same period last year. Earnings per share stood at RMB 0.44, reflecting the company's robust performance despite challenging economic conditions.
VCREDIT's strategic initiatives appear to be paying off. The company reported strengthening its risk management controls, adjusting operational strategies to reduce borrower credit risk, and implementing cost control measures to enhance operational efficiency. Additionally, VCREDIT has been focusing on higher-quality borrowers and deepening partnerships with leading platforms. These efforts have resulted in customer complaint rates dropping to historic lows, establishing a solid foundation for sustainable operations. The company also declared an interim dividend of HK 5 cents per ordinary share, further appealing to investors.