tiprankstipranks
CDB Leasing Reports Growth Amidst Profit Dip
Company Announcements

CDB Leasing Reports Growth Amidst Profit Dip

China Development Bank Financial Leasing Co Ltd Class H (HK:1606) has released an update.

Pick the best stocks and maximize your portfolio:

China Development Bank Financial Leasing Co., Ltd. has released its unaudited interim financial results for the first half of 2024, exhibiting an increase in total revenue to RMB 12.49 billion from RMB 10.81 billion in the same period of 2023. Despite the revenue growth, the net profit for the period saw a slight dip to RMB 1.88 billion from RMB 1.96 billion. The report highlights key financials including finance and operating lease income, net investment gains, and a summary of expenses and earnings per share.

For further insights into HK:1606 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskChina Development Bank Financial Leasing Renews Key Agreements
TipRanks HongKong Auto-Generated NewsdeskChina Development Bank Leasing Announces Key Meeting
TipRanks HongKong Auto-Generated NewsdeskChina Development Bank Leasing Announces Board Changes
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App