Core Viewpoint - Minxin Group (00222) reported a significant increase in net profit for the first half of 2025, primarily driven by foreign exchange gains due to the appreciation of the Renminbi against the Hong Kong dollar and the absence of one-time exchange losses that occurred in the previous year [1] Financial Performance - The company achieved a revenue of HKD 124 million, representing a year-on-year increase of 1.98% [1] - Net profit reached HKD 64.868 million, marking a substantial year-on-year increase of 94.85% [1] - Basic earnings per share were reported at HKD 0.1086 [1] Exchange Rate Impact - The increase in net profit was significantly influenced by foreign exchange gains resulting from the appreciation of the Renminbi against the Hong Kong dollar during the reporting period [1] - In the same period of the previous year, the company faced a one-time exchange loss of approximately HKD 21.93 million due to a reduction in paid-in capital at Sanming Sanyuan Minxin Microfinance Co., Ltd. [1] - For the six months ending June 30, 2025, the company did not recognize any one-time exchange losses related to the reduction in paid-in capital [1]
闽信集团发布中期业绩,净利润6486.8万港元,同比增加94.85%