VCREDIT Holdings Limited ( (HK:2003) ) just unveiled an announcement.
VCREDIT Holdings Limited announced its annual results for the year ending December 31, 2024, showing a 10.1% increase in total income to RMB 3,929.7 million and a 5.3% rise in net profit to RMB 478.2 million. Despite challenges from a complex external environment and ongoing trade frictions, the company adapted its strategies to enhance operational efficiency and risk management, leveraging AI technology to improve customer segmentation and risk identification. The company also launched the ‘Sunbird AI Hub’ to enhance customer service and data security, demonstrating resilience and flexibility in its business model and operations.
More about VCREDIT Holdings Limited
VCREDIT Holdings Limited operates in the digital financial services industry, focusing on providing loan facilitation services and financial technology solutions. The company is primarily involved in the Chinese market, where it emphasizes risk management, consumer rights protection, and technological innovation to serve higher quality borrowers.
YTD Price Performance: 78.57%
Average Trading Volume: 222,307
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.68B
See more insights into 2003 stock on TipRanks’ Stock Analysis page.