China Financial Leasing Group Limited Reports 100% Increase in Revenue and Returns to Profit for Six Months Ended June 2025
Reuters
Aug 28
China Financial Leasing Group Limited Reports 100% Increase in Revenue and Returns to Profit for Six Months Ended June 2025
China Financial Leasing Group Limited has released its unaudited interim results for the six months ended 30 June 2025. The Group reported a revenue of HK$719,000, marking an increase from HK$360,000 in the same period in 2024. The net gain on financial assets at fair value through profit or loss was HK$3.233 million, a significant improvement compared to a net loss of HK$7.447 million in the prior year. Administrative expenses rose to HK$2.119 million from HK$1.586 million in the previous year. As a result, the Group recorded a profit from operations of HK$1.848 million, a reversal from a loss of HK$8.672 million in the corresponding period of 2024. After accounting for finance costs, the profit before income tax was HK$1.836 million, compared to a loss of HK$8.679 million in the previous year. The Group's sole business segment continues to be investment in listed securities, with no significant geographical revenue outside of Hong Kong. No income tax expense was reported for the period.
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