The latest update is out from ZHONGTAI FUTURES Company Limited Class H ( (HK:1461) ).
ZHONGTAI FUTURES Company Limited has issued a profit warning, projecting a 95% decrease in net profit for the year ending December 31, 2024, compared to the previous year. This decline is attributed to significant fluctuations in China’s domestic A-share market, adversely affecting their equity option business. Despite these challenges, the company plans to focus on strengthening its core operations and improving risk management to promote high-quality development.
More about ZHONGTAI FUTURES Company Limited Class H
ZHONGTAI FUTURES Company Limited operates in the financial services industry, focusing on futures trading and related investment services. The company is involved in the equity option business through its subsidiary, Zhongtai Huirong Capital Investment Co., Ltd., and aims to strengthen its operations by enhancing talent, risk management, and compliance.
YTD Price Performance: -16.10%
Average Trading Volume: 537,409
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$495.9M
For a thorough assessment of 1461 stock, go to TipRanks’ Stock Analysis page.