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| Tuesday, 7 March 2017, 20:15 HKT/SGT | |
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HONG KONG, Mar 7, 2017 - (ACN Newswire) - Flying Financial Service Holdings Limited (Stock Code: 8030.HK) ("Flying Financial" or "Company" and its subsidiary companies called "Group") was pleased to announce that Based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2016, it is anticipated that the Group's consolidated profit attributable to owners of the Company for the year ended 31 December 2016 would increase significantly by approximately 140% as compared to the corresponding period in 2015.
The rise in consolidated profit attributable to owners of the Company was primarily attributable to (i). investment income of approximately RMB135 million generated from the investments in property development projects for the year ended 31 December 2016 (corresponding period in 2015: approximately RMB45 million); (ii). platform service income of approximately RMB30 million generated from the financial services platforms (corresponding period in 2015: RMB5 million); and (iii). increase in financial consultation service income to approximately RMB106 million (corresponding period in 2015: approximately RMB52 million).
About Flying Financial Service Holdings Limited
Flying Financial was listed in Hong Kong Growth Enterprise Markets. Over years' resource accumulation, the company business covered asset management, internet financing, financial consultation, real estate fund, finance lease and pawn loans (short-term financing). Currently, the Company put a great effort in providing supply chain financial services for the whole chain of real estate industry through launching financial services and products and setting up an innovative and customized platform covering the entire industrial chain. We also provide our enterprises/ individual clients of financing business and investors with convenient one-stop financial services with our leading model of (Internet + Finance + Real Estate).
The Group is committed to the research and development of Internet finance, strategic share participation and independent application for Internet finance-related licenses. The Group will build a real-estate-based coverage of the whole industry chain of financial services chain, covering all types of business and product models.
Topic: Press release summary
Sectors: Daily Finance, Daily News
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From the Asia Corporate News Network
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