CSC Financial forecasts 50% profit surge in Q1 2025

CSC Financial (HKEX:6066) anticipates a substantial rise in net profit attributable to equity holders for the first quarter of 2025, projecting approximately CNY1,843 million, which is around a 50% year-on-year increase. Excluding extraordinary gains and losses, net profit is expected to be approximately CNY1,835 million, representing an approximate 49% year-on-year increase. The company attributes this performance to significant revenue increases from its brokerage and proprietary trading businesses. These preliminary estimates are unaudited. The company's previous net profit attributable to equity holders for the same period was CNY1,228 million with earnings per share of CNY0.12.