CITIC Securities anticipates 32% profit growth in Q1 2025

CITIC Securities Company Limited announced an expected 32% year-on-year increase in net profit attributable to owners of the parent for the first quarter of 2025. The company estimates the profit to be approximately RMB6.545 billion, compared to RMB4.959 billion in Q1 2024. This growth is attributed to the company's focus on building a first-class investment bank, actively serving the real economy, and expanding its market presence. The company cited stronger revenue from wealth management and investment transactions as key drivers. The figures presented are preliminary estimates based on China Accounting Standards and subject to change in the official Q1 2025 report.