Author: isabellapittman

CDB Leasing Announces 2021 Interim Results

China Development Bank Financial Leasing Co., Ltd. ( “CDB Leasing” or “the Company”; stock code: 1606.HK) announces its interim results ended June 30, 2021 (the “Reporting Period”). Results Highlight:For the six months ended June 30, 2021:— Total lease financing to lessees amounted to RMB57.1 billion, representing an increase of 12% YOY; — Net profit reached RMB1.8 billion, representing an increase of 46.2% YOY;— Total revenue and other income was RMB10.4 billion, representing an increase of 8.6% YOY;— Total assets reached RMB311.52 billion, representing an increase of 2.7% as compared with that as of the end of last year;— Return on ... Read more