Momentum Financial’s Interim Profits Decline

Momentum Financial Holdings Limited (HK:1152) has released an update.

Momentum Financial Holdings Limited has reported a decrease in their interim profits for the six months ended June 30, 2024, with unaudited profits of HK$9,510,000 compared to HK$16,590,000 for the same period last year. The company experienced a drop in revenue and faced increased finance costs, but managed to maintain a positive profit margin. Despite the downturn, the company still provided shareholders with earnings per share of 0.97 HK cents, both basic and diluted.

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