AAAB Finance & Leasing Limited (01319.HK) issued a profit warning, expecting a year-on-year decrease in attributable net profit to shareholders of 30% to 50%.
Tencent Finance APP News, AiHua Mortgage (01319.HK) announced that it is expected that the net profit attributable to the company's owners for the full year ending February 28, 2025 will decrease by 30% to 50% compared to the full year ending February 29, 2024, with a reduction of approximately HK$86.4 million. The expected decrease in net profit during this period is mainly due to a significant decrease in real estate prices, leading to an increase in expected credit losses for receivable loans.
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