Zero Fintech Group Limited Announces Significant Profit Increase for 2024

Story Highlights
  • Zero Fintech Group Limited expects a profit before tax of at least HK$30 million for 2024.
  • The increase is driven by strong performance in the money lending business with interest income of HK$250 million.
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Zero Fintech Group Limited Announces Significant Profit Increase for 2024

Termbray Industries International (Holdings) Limited ( (HK:0093) ) has issued an announcement.

Zero Fintech Group Limited, a company incorporated in Bermuda, has announced a positive profit alert for the year ended 31 December 2024. The company expects a profit before tax of at least HK$30 million, a significant increase from the previous year’s HK$20 million, driven primarily by the strong performance of its money lending business, which saw interest income rise to approximately HK$250 million. Shareholders and potential investors are advised to exercise caution when dealing with the company’s shares, as the results are still subject to further review.

More about Termbray Industries International (Holdings) Limited

YTD Price Performance: 1.61%

Average Trading Volume: 44,711

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$1.68B

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