ZHONGTAI FUTURES Company Limited Class H (HK:1461) has released an update.
ZHONGTAI FUTURES Company Limited has issued a profit warning, anticipating a sharp 95% drop in net profit for the first half of 2024 compared to the previous year, primarily due to significant fluctuations in China’s A-share market affecting its equity option business. The company is undertaking business transformation efforts, focusing on customer service enhancement and risk management optimization, to promote high-quality development. Investors are cautioned to tread carefully with the company’s shares until the official interim results are published.
For further insights into HK:1461 stock, check out TipRanks’ Stock Analysis page.