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Hengtai Securities Projects Significant Profit Increase for 2024

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  • Hengtai Securities is a Chinese securities company focusing on investment and brokerage.
  • The company expects a substantial profit rise in 2024, driven by brokerage and investment revenue.
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Hengtai Securities Projects Significant Profit Increase for 2024

Hengtai Securities Co., Ltd. Class H ( (HK:1476) ) has provided an announcement.

Hengtai Securities Co., Ltd. has announced an anticipated profit of approximately RMB171.05 million for the year ended December 31, 2024, marking a significant increase from the RMB64.15 million reported in 2023. This growth is attributed mainly to increased revenue from its proprietary investment and securities brokerage businesses, reflecting a positive impact on the company’s financial performance.

More about Hengtai Securities Co., Ltd. Class H

Hengtai Securities Co., Ltd. is a joint stock company incorporated in China, operating in the securities industry with a focus on proprietary investment and securities brokerage business.

YTD Price Performance: -1.96%

Average Trading Volume: 1,539,560

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$5.21B

See more insights into 1476 stock on TipRanks’ Stock Analysis page.

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