Yangzijiang Financial H1 profit from continuing operations falls 29% to S$38.3 million
It will focus on resolving its non-performing debt exposures and redeploying recovered capital in China’s growth areas
Yangzijiang Financial Holdings reported a 29% year-on-year drop in profit from continuing operations to S$38.3 million for its first half of 2026, down from S$53.9 million in the previous period. Overall net profit fell 72% to S$11.1 million, while total income from continuing operations declined 31% to S$35.5 million. Interest income, the primary revenue source, dropped 40% to S$31.2 million, mainly due to lower debt investment balances in China.
Profit from discontinued maritime investments was classified separately after the unit's spinoff and listing. Expenses rose, with employee compensation increasing 93% to S$2.8 million. Earnings per share fell to S$0.011, down from S$0.0396. The company aims to focus on resolving non-performing debt and redeploying recovered capital into China's growth sectors, such as semiconductors, AI, data storage, and new energy.
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