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Yunfeng Financial Group's Subsidiary Gets 3 ESG Rating by Sustainable Fit
Yunfeng Financial Group's (HKG:0376) subsidiary YF Life Insurance International has been assigned an entity rating of "3 ESG" (Environmental, Social and Governance) by Sustainable Fitch, a Friday fili
Yunfeng Fin (00376.HK): Manulife Insurance was awarded an ESG issuer rating of "3" by Fitch Ratings.
On June 7th, Yunfeng Fin (00376. HK) announced that FWD Insurance International Limited ("FWD Insurance"), a non-wholly-owned subsidiary of the company, has been awarded an "3" ESG rating by Moody's, being the first insurance company in Greater China to receive such rating. This rating reflects FWD Insurance's overall ESG performance and its integration of ESG factors into its business, global strategy, and management.
雲鋒金融:年報2023
Yunfeng Financial Announces 2023 Annual Results: Profit attributable to shareholders of HK$397 million, turning a year-on-year loss into a profit
Yunfeng Financial (00376) announced results for the year ended December 31, 2023. The group achieved net operating income of HK$991 million, an increase of 17% over the previous year; profit attributable to owners of HK$397 million compared with a loss of HK$643 million in the same period last year; and basic profit per share.
YUNFENG FIN: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Yunfeng Financial (00376.HK) expects annual profit of approximately HK$390 million to turn a loss into a profit year over year
On March 15, Gelonghui | Yunfeng Financial (00376.HK) announced that the net profit attributable to the company's equity shareholders for the year 2023 is initially estimated to be approximately HK$390 million. In 2022, a net loss attributable to equity shareholders was recorded at approximately HK$640 million after being restated based on the new standards. Based on the old standards, a net loss attributable to equity shareholders was recorded in 2022 of approximately HK$260 million. The Group's forecast to turn a loss into a profit in 2023 is mainly due to a sharp decrease in fair value losses on the Group's investments compared to the same period last year.
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