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JF Wealth Holdings Ltd ( (HK:9636) ) just unveiled an announcement.
JF SmartInvest Holdings Ltd has announced a positive profit alert for the year ended December 31, 2024, with expected net profit ranging from RMB260 million to RMB280 million, a significant increase from the previous year’s RMB191 million. This growth is attributed to increased securities market trading activity and strengthened investor confidence, supported by domestic policies introduced in September 2024. The company also reported substantial increases in gross billing, revenue, and operating cash flow, while contract liabilities, primarily from unrecognized revenue, are projected to be recognized in 2025.
More about JF Wealth Holdings Ltd
JF SmartInvest Holdings Ltd is a company incorporated in the Cayman Islands with limited liability, focusing on multi-dimensional investment products that cater to a diverse customer base. The company operates primarily in the securities market, leveraging its comprehensive product portfolio and continuous innovation to enhance product capabilities.
YTD Price Performance: -6.52%
Average Trading Volume: 4,358,013
Technical Sentiment Consensus Rating: Strong Sell
Find detailed analytics on 9636 stock on TipRanks’ Stock Analysis page.