According to the Zhitong Finance App, Dazhong Financial Holdings (00626) announced its annual results for the year ended December 31, 2023. The group received interest income of HK$1,959 million during the period, an increase of 30.51%; profit attributable to shareholders was HK$14.381,000, a decrease of 95.62% year on year; and basic profit per share was HK$0.013.
According to the announcement, the increase in interest income is mainly due to the increase in interest income from debt securities investments in a higher interest rate environment.