130 views
Logo from Yangzijiang Financial

Yangzijiang Financial Holding’s net profit jumps 19.2% YoY to $162.5m in 1H23

Given the increase, the group also recorded a higher diluted EPS of $0.0439.

The overall net profit to equity holders of Yangzijiang Financial Holding rose 19.2% YoY to $162.5m in the first half of the year (1H23).

Apart from higher net profit, the company also saw improvements in its total income which grew 14.2% YoY to $198.4m.

In a bourse filing, the company attributed the increase in its total income to stronger interest income.

Given its improved financial performance, the company recorded a 27.2% YoY higher diluted earnings per share (EPS) of $0.0439.

The company said its earnings growth and its share buyback activity in the last 12 months boosted its diluted EPS.
 

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.