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8340 — Zijing International Financial Holdings News Story

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Hong Kong's Zijing International H1 revenue falls 40%, hurt by car rental exit

Hong Kong's Zijing International H1 revenue falls 40%, hurt by car rental exit


Overview

  • Hong Kong diversified finance firm's H1 revenue fell 40% yr/yr to HK$24.41 mln

  • Company posted net loss of HK$0.58 mln, versus profit a year earlier


Outlook

  • Zijing International expects corporate finance advisory revenue to decline in second half 2026

  • Company expects asset management segment to generate revenue in second half 2026


Result Drivers

  • CORPORATE FINANCE COMPETITION - Co said revenue from corporate finance advisory services declined due to keen competition and fewer completed mandates

  • CAR RENTAL EXIT - Co disposed all petrol-powered vehicles and reported no revenue from car rental business in H1 due to high fuel costs and strategic shift

  • ONLINE GAME CONTRIBUTION - Online game business remained a major revenue contributor, though no new sub-licensable rights were granted


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

HK$24.41 mln


Reuters Recommended Reads

  • Aug 26 - Hong Kong's BOCOM International H1 loss narrows on higher corporate finance fees

  • Aug 25 - Hong Kong's Astrum Financial interim revenue rises on securities and IPO financing

  • Aug 26 - China's Zengame H1 revenue rises 13% on higher player monetisation


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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