Business Daily Media

Men's Weekly

.

DFH Issues Positive Profit Alert; Expected a Up To 25% Surge in Net Profit for 2017

  • Written by ACN Newswire
Thursday, 22 March 2018, 10:16 HKT/SGT
HONG KONG, Mar 22, 2018 - (ACN Newswire) - Differ Group Holding Company Limited ("DFH" or the "Company", together with its subsidiaries, the "Group", Stock code: 6878) a leading provider of short to medium-term financing and financing-related solutions in the PRC, is pleased to announce positive profit alert for 2017 annual results.

Based on the preliminary review and analysis of the unaudited management accounts of the Group, the net profit is expected to increase by 18% to 25% year-on-year for the year ended 31 December 2017 (For the year ended 31 December 2016, the net profit and earnings per share of the company were approximately RMB$142 million and RMB 3.20 cents respectively). The Group believes that the significant growth in net profit is mainly attributable to the increase in the revenue generated from the assets management business and finance lease services, as well as the impairment loss reduction on finance lease, loan and account receivables during the year.

The Group will announce its 2017 annual results on 28 March and further share views on its business development and future plan.

Topic: Press release summarySectors: Daily Finance, Daily News[1][2] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

  1. ^ Daily Finance (www.acnnewswire.com)
  2. ^ Daily News (www.acnnewswire.com)

Read more http://www.acnnewswire.com/press-release/english/42208/

Qantas to Serve Nan’s Davidson Plum Cookie

Lake Macquarie, NSW (Awabakal Country): From a single mother’s kitchen bench to supermarket shelves, Wiradjuri entrepreneur Terri-Ann “Tezzi” Dani...

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...