CHINA HUIRONG (01290) announced its annual performance for the year ending December 31, 2024, with the group achieving revenue...
According to the Zhito Finance APP, CHINA HUIRONG (01290) announced its annual performance ending December 31, 2024, with a revenue of 0.659 billion yuan, reflecting a year-on-year increase of 1%; profit attributable to equity holders of the company was 50.485 million yuan, up 9% year-on-year; basic earnings per share were 0.046 yuan, and a final dividend of 0.03 Hong Kong dollars per share is proposed.
In 2024, the company adhered to the work requirements proposed by the Board of Directors, which include "managing surplus funds, creating opportunities for affordable living, providing support during difficult times, and boosting small and micro enterprises." Despite the still severe economic situation, the company's revenue grew against the trend, and operational quality continued to improve. In terms of the Inclusive Finance Division, for real estate mortgage loans, closely monitor changes in asset prices, dynamically adjust crediting policies, and strengthen liquidity management in subsidiaries; for movable property mortgage loans, enhance cooperation with auction houses in appraisal and disposal, and focus on improving the business skills of store employees; for non-mortgage loans, innovative rollout of listed company stock pledge loans is gradually forming a positive industry reputation. In terms of the Ecological Financial Division, in commercial factoring, emphasize tracking existing customers and developing new customers, actively seeking financing from banks; in financing leasing, serve Specialized, Special and New enterprises, integrate internal resources for collaborative marketing; in special asset investment, successfully achieve the exit from the Zhongzhu Plaza project, actively increase reserve projects, and implement the Hongzhuang commercial project.
