Xingzheng International (06058) announced the results for the year ended December 31, 2023, and the group obtained total revenue...
According to the Zhitong Finance App, Xingzheng International (06058) announced the results for the year ended December 31, 2023. The group obtained total revenue of HK$543 million, an increase of 110.6% over the previous year; the profit attributable to the company's common stock holders was HK$54.5643 million, compared with a loss of HK$297 million in the same period last year; profit per share was HK$0.0136.
According to the announcement, turning losses into profits is mainly due to revenue growth in the Group's core businesses such as wealth management, trading and investment income. At the same time, increasing internal management capabilities and prudent risk management measures have continuously optimized the quality of the Group's assets and effectively reduced the Group's costs.