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Jan 15, 2015 18:38 JST

Source: Differ Group Holding Company Limited

Differ Group Issues Positive Profit Alert again within Four Months; Expects Substantial Increase in 2014 Net Profit Exceeding 80%

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
Source: Differ Group Holding Company Limited
Sectors: Daily Finance, Daily News

Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

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