GUOTAI HAITONG 1Q26 Net Profit RMB6.388B, Down 47.8% YoY
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GUOTAI HAITONGreported a net profit of RMB6.388 billion for Q1 2026, a decrease of 47.8% year-on-year. Operating revenue increased by 58.9% to RMB16.232 billion. The decline in net profit is attributed to negative goodwill from the merger with Haitong Securities last year, which inflated non-operating income. The earnings per share (EPS) stood at RMB0.36, while net profit excluding non-recurring items rose by 73.4% to RMB5.711 billion.
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