China Rongzhong Financial Holdings (HKG:3963) recorded a loss attributable to owners of HK$4.3 million for the six months ended Sept. 30, wider than the HK$1.2 million loss logged for the corresponding period last year, a Wednesday filing with the Hong Kong Exchange said.
Loss per share stood at HK$0.0072 for the reporting period, compared with HK$0.0029 recorded for the year-ago period.
The financial leasing services provider's revenue for the six months under review was HK$41.3 million, 16.0% lower than HK$49.2 million booked a year ago.
The company attributed the decrease in revenue to a decrease in its income from debt collection services resulting from the slowdown in the domestic economy during the reporting period.
The company's shares were down 6% on Thursday's close.
Price (HKD): $0.47, Change: $-0.030, Percent Change: -6.00%
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