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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.
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