Everbright Securities Reports Downturn in H1 2024
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Everbright Securities Reports Downturn in H1 2024

Everbright Securities Company Limited Class H (HK:6178) has released an update.

Everbright Securities Company Limited reported a significant downturn in its financial performance for the first half of 2024, with a 32.03% drop in operating income and a 41.87% decline in net profit compared to the previous year. The company attributes these decreases to a reduction in market equity financing, a slump in trading activities, and heightened market volatility. These preliminary results are unaudited and may vary from the final figures to be disclosed in their 2024 interim report, reminding investors of the inherent investment risks.

For further insights into HK:6178 stock, check out TipRanks’ Stock Analysis page.

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