Zhitong Financial App News, Fushi Financial (02263) issued an announcement that the group expects its net profit for the six months to September 30, 2021 to increase by no less than 20% compared with the same period last year.
It is learnt that the increase in net profit of the Group is mainly due to the reversal of impairment losses on accounts receivable arising from securities trading business; an increase in income; and a decrease in financing costs compared with the six months ended 30 September 2020.