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HONG KONG, Jan 15, 2015 - (ACN Newswire) - Differ Group Holding Company Limited ("Differ Group" or the "Group") (stock code: 8056), a leading provider of short to medium-term financing and financing-related solutions in China, has announced a positive profit alert. Net profit is expected to increase by more than 80% for the year ended 31 December 2014 when compared with last year. The significant increase in net profit is mainly attributable to 1) the substantial increase in revenue for the year ended 31 December 2014 principally derived from the remarkable business growth of its financial consultation service and entrusted loan service businesses and 2) the absence of listing-related expenses in 2014.
Mr. Hong Mingxian, Chairman of Differ Group, said, "I am very delighted with the Group's entering a rapid growth stage and the outstanding results recorded. We will continue to strengthen the foundation of our existing financing and consultation services businesses, actively drive the distressed asset management business and strive to develop new businesses such as P2P loans and internet microfinancing. We have confidence in the prospects of China's loan industry and are poised to capture the new opportunities arising from the government policies supporting the financial non-banking sector in China, which will help maintain growth momentum and bring fruitful returns to shareholders."
Contact:
Strategic Financial Relations Limited
Heidi So +852 2864 4826 heidi.so@sprg.com.hk
Joanne Lam +852 2864 4816 joanne.lam@sprg.com.hk
Agnes Luo +852 2864 4851 agnes.luo@sprg.com.hk
Fax: 2804 2789 / 2527 1196
Topic: Press release summary
Source: Differ Group Holding Company Limited
Sectors: Daily Finance, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
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