In addition, Yangzijiang Financial recorded a net fair value gain of $50.6 million in FY2024, compared to $17.7 million in FY2023. This increase was mainly driven by unrealised fair value gains from Singapore fund investments, partially offset by unrealised fair value losses from China-based venture capital fund investments.
Yangzijiang Financial Holding has reported total income of $326.2 million for FY2024, down 6% over the preceding year ended Dec 31, 2023.
While interest income dropped, its income from its maritime fund assets, identified as a key growth area, increased by nearly 1.5 times to $57.8 million.
