JF Wealth Holdings Ltd (HK:9636) has released an update.
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JF SmartInvest Holdings Ltd reported a mixed financial performance for the first half of 2024, with a 4.4% increase in total revenue to RMB 898.1 million, while also experiencing a significant net loss of RMB 174.2 million, a substantial decline from the previous year. The company boasts a leading position with 343 employees holding securities investment advisory qualifications and has increased its research and development investment by 6.2% to RMB 154 million. Despite these growth indicators, the Board has decided against paying an interim dividend.
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