tiprankstipranks
Trending News
More News >

Hengtai Securities Projects Significant Profit Increase for 2024

Story Highlights
  • Hengtai Securities is a Chinese securities company focusing on investment and brokerage.
  • The company expects a substantial profit rise in 2024, driven by brokerage and investment revenue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hengtai Securities Projects Significant Profit Increase for 2024

Confident Investing Starts Here:

Hengtai Securities Co., Ltd. Class H ( (HK:1476) ) has provided an announcement.

Hengtai Securities Co., Ltd. has announced an anticipated profit of approximately RMB171.05 million for the year ended December 31, 2024, marking a significant increase from the RMB64.15 million reported in 2023. This growth is attributed mainly to increased revenue from its proprietary investment and securities brokerage businesses, reflecting a positive impact on the company’s financial performance.

More about Hengtai Securities Co., Ltd. Class H

Hengtai Securities Co., Ltd. is a joint stock company incorporated in China, operating in the securities industry with a focus on proprietary investment and securities brokerage business.

YTD Price Performance: -1.96%

Average Trading Volume: 1,539,560

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$5.21B

See more insights into 1476 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1