YUNFENG FIN (00376) announced its interim results for 2025, reporting insurance income of HK$1.532 billion, representing an 11.21% year-on-year increase. Profit attributable to shareholders reached HK$486 million, surging 142.04% compared to the same period last year, while basic earnings per share stood at HK$0.13.
According to the announcement, as of June 30, 2025, the company's insurance business delivered particularly outstanding performance. Annual premium equivalent (APE) for new business reached HK$2.222 billion, representing a robust 107% year-on-year growth. New business value (VNB) achieved HK$610 million, marking a substantial 81% increase. Total embedded value equity grew steadily to HK$22.4 billion, with embedded value equity per share attributable to shareholders at HK$3.92.
The impressive new business performance of Wantong Insurance International Limited under YUNFENG FIN benefited from significantly increased market demand for quality insurance products and the company's diversified product strategy. These strong performances across key metrics not only demonstrate the powerful market competitiveness of Wantong Insurance's products but also reflect the company's exceptional effectiveness in expanding its customer base and optimizing distribution management.
In terms of profitability, the company also delivered excellent results. Net operating profit increased 23% year-on-year, demonstrating YUNFENG FIN's significant improvement in operational efficiency and continued steady business expansion, further showcasing the company's long-term profit potential and solid financial foundation.