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Guotai Junan Expects Soaring H1 2024 Profits

Guotai Junan Expects Soaring H1 2024 Profits

Guotai Junan International Holdings Limited (HK:1788) has released an update.

Guotai Junan International Holdings Limited anticipates a significant increase in its net profit for the first half of 2024, with expected earnings between HK$185 million and HK$210 million, marking an impressive rise of 52% to 72% over the same period the previous year. This surge is primarily credited to the company’s expanded income from financial products, trading and investments, as well as robust growth in its wealth management business. Shareholders and potential investors are cautioned to await the release of the audited interim results for further details.

For further insights into HK:1788 stock, check out TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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