VCREDIT Holdings Reports Earnings Dip, Boosts AI Tech

VCREDIT Holdings Limited (HK:2003) has released an update.

VCREDIT Holdings Limited reported a decline in both total income and net profits by 9.3% and 60.2%, respectively, for the six months ending June 30, 2024, reflecting challenging macroeconomic conditions. In response, the company tightened risk controls and improved operational efficiency, while also focusing on high-quality borrowers and advancing financial technology, including the launch of their new AI initiatives ‘Sunbird AI Hub’ and ‘VQuickMind’ 2.0 to enhance customer service and risk management.

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