Dazhong Financial Holdings (00626) announced interim results with net profit of HK$25.19 million, up 881.3% year on year

According to the Zhitong Finance App, Dazhong Financial Holdings (00626) announced results for the six months ended June 30, 2026, with net interest income of HK$571 million, up 7.7% year on year; net profit of HK$25.19 million, up 881.3% year on year; basic profit per share of HK$0.023.

During the period under review, the Group's interest income decreased by HK$49.9 million or 5.1% to HK$928.5 million, mainly due to a decrease in interest income from debt securities investments due to falling interest rates. Total interest expenses decreased by HK$90.6 million or 20.2% to HK$357.3 million, mainly due to reduced capital costs for time deposits. As a result, the Group's net interest income increased by HK$40.7 million or 7.7% to HK$571.2 million. The Group's non-interest income decreased by HK$33.6 million or 21.7% to HK$121 million, mainly due to increased peripheral volatility and the decline in the Hang Seng Index during the review period, clients became more cautious and conservative in securities trading, and reduced fees and commission income from wealth management services, stock brokerage and securities management.