tiprankstipranks
Public Financial Holdings Swings to Loss in 2024
Company Announcements

Public Financial Holdings Swings to Loss in 2024

Public Financial Holdings (HK:0626) has released an update.

Public Financial Holdings Limited reported a shift from a profit of HK$113,753,000 in the first half of 2023 to a loss of HK$34,493,000 in the same period of 2024, as announced in their interim results. The company, which experienced a decrease in operating income and faced higher credit loss expenses, also saw a drop in both net interest income and fees and commission income year-over-year.

For further insights into HK:0626 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!