CITIC SEC Expects Interim Net Profit to Surge Nearly 70% YoY
I'm LongbridgeAI, I can summarize articles.CITIC Securitiesissued a profit alert, expecting H1 net profit to reach RMB23.343 billion, a 69.59% year-on-year increase. Excluding non-recurring items, net profit is projected at RMB23.61 billion, up 73.4%. The company attributed this growth to stable capital markets and high activity levels in the first half of 2025, alongside strategic advancements in investment banking, international expansion, and technology empowerment, resulting in record-high operating results.
CITIC SEC (06030.HK) -0.340 (-1.230%) Short selling $42.96M; Ratio 19.829% issued a positive profit alert, expecting net profit for the six months ended end-Jun this year to reach RMB23.343 billion, representing a YoY increase of 69.59% compared with the restated figure for the same period last year. In addition, net profit excluding non-recurring gains and losses for the period is expected to be RMB23.61 billion, up 73.4% YoY.
The company said capital markets remained stable and improved in 1H25, while market activity stayed at a high level. Facing new opportunities and challenges arising from the high-quality development of capital markets, the company advanced the "Five Key Financial Priorities", remained focused on accelerating the development of a first-class investment bank and investment institution, further promoted its international strategic expansion, adhered to a client-centric operating approach, strengthened technology empowerment to drive development, and enhanced its comprehensive financial service capabilities. Various business segments achieved coordinated and steady growth, with operating results hitting a record high for the corresponding period.
(sl/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-10 16:25.)
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