HUAMAO SHARE issued a profit forecast, with a net profit of 250 million to 330 million yuan for the year 2024, an increase of 80.63%-138.43%
I'm LongbridgeAI, I can summarize articles.HUAMAO SHARE expects a net profit of 250 million to 330 million yuan for the year 2024, representing a year-on-year growth of 80.63% to 138.43%. The performance growth is mainly attributed to the fair value changes of the trading financial assets held by the company and investment income, with non-recurring gains and losses estimated at approximately 250 million yuan
According to the Zhitong Finance APP, HUAMAO SHARE (000850.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 250 million yuan and 330 million yuan, a year-on-year increase of 80.63% to 138.43%.
The significant increase in performance during the reporting period compared to 2023 is mainly due to the fair value changes of the trading financial assets held by the company (such as Guotai Junan, GF Securities, etc.) and the investment income obtained during the reporting period. The total fair value changes and investment income from trading financial assets during this reporting period amounted to approximately 250 million yuan, which is classified as non-recurring gains and losses