FIRST CREDIT (08215) Announces Annual Results for the Year Ended 31/12/2022...
According to the Zhitong Finance App, FIRST CREDIT (08215) announced the annual results for the year ended December 31, 2021. The group achieved revenue of HK$6.3547 million, a year-on-year decrease of 87.46%; losses attributable to shareholders amounted to HK$153 million, a year-on-year decrease of 16.18%; and a basic loss per share of HK4.21 cents.
According to the announcement, the decrease in earnings was mainly due to a decrease in accrued interest on loans receivable that experienced credit impairment in the year under review. The Company will continue to monitor the credit risk of loans receivable from time to time, and will revise credit evaluation and monitoring measures if necessary.