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Guotai Junan Securities Reports Significant Growth in 2024 Financials

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Guotai Junan Securities Reports Significant Growth in 2024 Financials

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Guotai Junan Securities Co., Ltd. Class H ( (HK:2611) ) has issued an update.

Guotai Junan Securities Co., Ltd. has announced preliminary financial data for the year 2024, showing significant growth. The company reported a 20.10% increase in operating revenue and a 38.87% increase in net profit attributable to equity holders compared to the previous year. The company attributed this growth to its strategic focus on market opportunities, customer-centered service systems, and key tasks such as enhancing business competitiveness and digitalization. Additionally, the company is actively pursuing a merger with Haitong Securities Co., Ltd. to bolster its position as an international first-class investment bank.

More about Guotai Junan Securities Co., Ltd. Class H

Guotai Junan Securities Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the financial services industry. It primarily focuses on providing a range of financial services to retail, corporate, and institutional customers, with an emphasis on technology finance, green finance, inclusive finance, pension finance, and digital finance.

YTD Price Performance: -4.12%

Average Trading Volume: 7,826,799

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$151.5B

Learn more about 2611 stock on TipRanks’ Stock Analysis page.

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