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Changes in Hong Kong stocks | CITIC Financial's assets (02799) rose more than 5% in the first half of the year, net profit to mother increased 11.3% year-on-year, and bad core businesses became a strong driving force for performance
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The Zhitong Finance App learned that CITIC Financial's assets (02799) rose by more than 5%. As of press release, it had risen 5.51% to HK$0.67, with a turnover of HK$36.855 million.

According to the news, recently, CITIC Financial Assets released its performance report for the first half of 2026 on the Hong Kong Stock Exchange. By the end of June 2026, the company achieved total revenue of 25.951 billion yuan, an increase of 36.6% year on year after excluding one-time influencing factors; realized net profit of 6.528 billion yuan, an increase of 18.6% year on year; and realized net profit of 6.862 billion yuan, an increase of 11.3% year on year. The average annualized return on equity (ROE) was 21.4%, up 0.3 percentage points year on year; the average annualized return on assets (ROA) was 1.2%, up 0.1 percentage points year over year.

In the first half of 2026, the core profit indicators of CITIC Financial's assets continued to improve, and the quality and efficiency of the use of capital were further improved. Thanks to the continuous improvement in the quality and efficiency of the company's main non-performing asset business, it became the strongest driving force for revenue and profit growth. According to financial data, in the first half of the year, the company's main non-performing asset business achieved total revenue of 26.738 billion yuan, a year-on-year increase of 46.4% after excluding one-time influencing factors. The three core businesses of acquisition and disposal, bailout and revitalization, and equity are working together to create value, and the ability to create value continues to increase.

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