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Yangzijiang Financial Holding reports better 1HFY2023 results on fair value gains and share buybacks

The Edge Singapore
The Edge Singapore • 4 min read
Yangzijiang Financial Holding reports better 1HFY2023 results on fair value gains and share buybacks
Ren, chairman of YFH, is ready to capitalise on investment opportunities / Photo: Albert Chua
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Yangzijiang Financial Holding has reported a better 1HFY2023, partly led by fair value gains.

For the six months ended June, the investment and finance company recorded earnings of $162.5 million, up 19.2% y-o-y.

Total income in the same period was up 14.2% y-o-y to $198.4 million, boosted by a net gain of $34.5 million in fair value of financial assets in 1HFY2023, versus a $19 million fair value loss booked in 1HFY2022.

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