{"id":49225,"date":"2025-04-16T06:30:00","date_gmt":"2025-04-16T06:30:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2025\/04\/16\/zero-fintech-group-limited-stock-code-0093-hk-announces-record-breaking-2024-annual-results\/"},"modified":"2025-04-16T06:30:00","modified_gmt":"2025-04-16T06:30:00","slug":"zero-fintech-group-limited-stock-code-0093-hk-announces-record-breaking-2024-annual-results","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2025\/04\/16\/zero-fintech-group-limited-stock-code-0093-hk-announces-record-breaking-2024-annual-results\/","title":{"rendered":"Zero Fintech Group Limited (Stock Code: 0093.HK) Announces Record-Breaking 2024 Annual Results"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>        HONG KONG SAR &#8211;<br \/>\n<a href=\"https:\/\/www.media-outreach.com\" rel=\"sponsored\">Media OutReach Newswire<\/a> &#8211; 16 April 2025 &#8211; Zero Fintech Group Limited (&#8220;Zero Fintech&#8221; or the &#8220;Company&#8221;, stock code: 0093.HK), a leading fintech innovator, is proud to announce its stellar financial performance for the year ended 31 December 2024, showcasing remarkable growth driven by strategic execution and advanced risk management.<\/p>\n<p><figure data-width=\"100%\" data-caption=\"2024 annual report E\uff2e\" data-caption-display=\"none\" style=\"display: block;width: 100%;margin: 0px;padding: 0px;text-align: center\" align=\"center\">\n  <img data-src=\"https:\/\/images.media-outreach.com\/621813\/2024-annual-report-E-.jpg\" alt=\"2024 annual report E\uff2e\" style=\"width: 100%;margin: 0px\" width=\"100%\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\"\/><br \/>\n<\/figure>\n<p><b>2024 Financial Highlights:<\/b><br \/>\n<\/p>\n<ul>\n<li>\n    Revenue:<br \/>\n    <b>HK$261.8 million<\/b> \u2013 a<br \/>\n    <b>33% increase<\/b> YoY, driven by our Fintech Lending segment, which contributed 98% of the total revenue.\n  <\/li>\n<li>\n    Net Profit:<br \/>\n    <b>HK$27.1million<\/b> \u2013 a<br \/>\n    <b>123% increase<\/b> YoY, reflecting operational efficiency and disciplined risk management.\n  <\/li>\n<li>\n    Membership:<br \/>\n    <b>Registered members grew to 160K<\/b>, demonstrating successful user acquisition strategy and product attractiveness to users.\n  <\/li>\n<\/ul>\n<p><b><br \/>\n  <br \/>Strategic Highlights:<\/b><br \/>\n<\/p>\n<ul>\n<li>\n    Strategic Alliance with Standard Chartered Bank (Hong Kong)\n  <\/li>\n<\/ul>\n<p>This partnership is a pivotal move to seek to leverage proprietary A.I. technology of X Wallet to drive efficiency and innovation within the financial sector.<br \/>\n<\/p>\n<ul>\n<li>\n    Well developed Credit Risk Assessment Policy\n  <\/li>\n<\/ul>\n<p>We have established a rigorous risk control structure and enhanced our credit scoring system regarding the procedures for authorizing, approving and renewing credit facilities. This well-developed policy has helped to improve our bad debt.<br \/>\n<\/p>\n<ul>\n<li>\n    Improvement of the accuracy of the algorithm\n  <\/li>\n<\/ul>\n<p>By combining the cutting-edge technologies such as cloud computing, big data to create a safer and more efficient financial ecosystem. At the same time. This model keeps helping to improve the efficiency of our approval process to 5 seconds only, which greatly reduce the time required of customers from application to loan withdrawal.<br \/>\n<\/p>\n<ul>\n<li>\n    Strategic Acquisition of Alpha Times\n  <\/li>\n<\/ul>\n<p>It further strengthens our investment on technology by acquiring Alpha Times Technology Limited to bolster in-house IT capabilities and reducing reliance on external technical vendors.<br \/>\n<\/p>\n<ul>\n<li>\n    Quick acceptance of X Pay ( &#8220;Buy Now, Pay Later&#8221;)\n  <\/li>\n<\/ul>\n<p>The launching of X Pay positions X Wallet as Hong Kong&#8217;s first integrated financial services super-app. Over 1,000 merchants are adopting X Pay to offer Buy Now, Pay Later service to their customers.<\/p>\n<p><b>Looking ahead, while global economic challenges persist, we&#8217;re committed to:<\/b><br \/>\n<\/p>\n<ul>\n<li>\n    Expanding X Wallet and X Pay through AI-driven credit models and omnichannel marketing.\n  <\/li>\n<li>\n    Strengthening risk frameworks to navigate rising interest rates and market volatility.\n  <\/li>\n<li>\n    Exploring synergies between fintech and property sectors for long-term sustainability.\n  <\/li>\n<\/ul>\n<p>\nExplore the Full Report:<br \/>\n<a href=\"https:\/\/www.zerofintech.com.hk\/wp-content\/uploads\/2025\/03\/ew_00093Ann-202503271.pdf\" rel=\"sponsored\">https:\/\/www.zerofintech.com.hk\/wp-content\/uploads\/2025\/03\/ew_00093Ann-202503271.pdf<\/a><\/p>\n<p><b>Hashtag: <\/b>#ZeroFintech #XPay #XWallet<\/p>\n<p>\n            <em>The issuer is solely responsible for the content of this announcement.<\/em>\n        <\/p>\n<p>        <img loading=\"lazy\" src=\"http:\/\/track.media-outreach.com\/index.php\/WebView\/375952\/4121\" alt=\"\" width=\"1\" height=\"1\" style=\"width:1px;height:1px;\"\/>\n    <\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/hong-kong-sar\/2025\/04\/16\/375952\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211; Media OutReach Newswire &#8211; 16 April 2025 &#8211; Zero Fintech Group Limited (&#8220;Zero Fintech&#8221; or the &#8220;Company&#8221;, stock code: 0093.HK), a leading fintech innovator, is proud to announce its stellar financial performance for the year ended 31 December 2024, showcasing remarkable growth driven by strategic execution and advanced risk management. 2024 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":49226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/49225"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=49225"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/49225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/49226"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=49225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=49225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=49225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}