According to the Zhitong Finance App, Aihua Insurance Credit (01319.HK) announced that it is estimated that the profit attributable to the group's company owners for the six months ending August 31, 2024 will be reduced by 30% to 50% compared to the profit of about HK$49.6 million for the same period in 2023. Profit is expected to decrease during the period, mainly due to a significant drop in real estate prices, which increased the anticipated credit loss provision for loans receivable.

According to the Zhitong Finance App, Aihua Insurance Credit (01319.HK) announced that it is estimated that the profit attributable to the group's company owners for the six months ending August 31, 2024 will be reduced by 30% to 50% compared to the profit of about HK$49.6 million for the same period in 2023. Profit is expected to decrease during the period, mainly due to a significant drop in real estate prices, which increased the anticipated credit loss provision for loans receivable.