China Financial Investment Management (00605) is pleased. It is expected that net profit attributable to shareholders in the medium term will be no less than HK$125 million, turning a year-on-year loss into a profit

According to the Zhitong Finance App, China Financial Investment Management (00605) issued an announcement. It is expected that the six months ending June 30, 2026 (reporting period) will obtain net profit attributable to the Company's owners of no less than HK$125 million, while net losses of approximately HK$29.6 million will be achieved for the period ending June 30, 2025.

According to the information currently available, the Board considers that the net profit attributable to the Company's owners for the six months ended June 30, 2026 was mainly due to: (i) completion of settlement of unauthorized loans and unauthorized guarantees with certain investors/lenders, resulting in repayment amounts of loans and interest payable and repayment amounts of liabilities arising from loan guarantee agreements of approximately HK$116 million and HK$16.8 million respectively; and (ii) interest and fees decreased by more than 50.9% during the reporting period.