The latest update is out from Guotai Junan Securities Co., Ltd. Class H ( (HK:2611) ).
Guotai Haitong Securities Co., Ltd. has announced a significant projected growth in its net profit for the first quarter of 2025. The company expects a year-on-year increase in net profit attributable to owners of the parent company by 350% to 400%, reaching between RMB11.201 billion and RMB12.445 billion. Additionally, when excluding non-recurring profit or loss, the net profit is anticipated to rise by 45% to 65%, amounting to RMB2.973 billion to RMB3.383 billion. These projections, although preliminary and unaudited, suggest a strong financial performance and potential positive impact on the company’s market positioning and stakeholder confidence.
More about Guotai Junan Securities Co., Ltd. Class H
Guotai Haitong Securities Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating within the financial services industry. It focuses on providing securities services and is listed on the Stock Exchange of Hong Kong.
YTD Price Performance: 1.61%
Average Trading Volume: 10,497,234
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$295.9B
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