Bright Smart Securities reports strong interim growth amid ownership changes

Bright Smart Securities & Commodities Group Limited announced interim results for the six months ended 30 September 2025, reporting revenue of HK$496.9 million, a 10.7% year-on-year increase from HK$448.8 million in 2024. Net profit after tax attributable to shareholders rose 4.8% to HK$326.9 million from HK$312.0 million. Basic earnings per share increased to 19.26 HK cents from 18.38 HK cents. The board did not recommend an interim dividend.

The group's total assets less current liabilities increased to HK$1,835,368 thousand as of 30 September 2025, up from HK$1,505,550 thousand as of 31 March 2025. Total equity also grew to HK$1,828,718 thousand from HK$1,501,801 thousand over the same period. Operating expenses decreased by 12.7% year-on-year to HK$262.2 million.

In a related development, New Charming Holdings Limited, the controlling shareholder, conditionally agreed to sell 857,980,000 shares (approximately 50.55% of total issued shares) to Wealthiness and Prosperity Holding Limited for HK$2,814,174,400. This acquisition, which had not been completed as of 30 September 2025, requires the offeror to make an unconditional mandatory cash offer for all remaining shares. Morgan Stanley & Co., International plc disclosed dealings in Bright Smart shares on 25 November 2025, including a purchase of 80,000 shares for $600,538.0000 and a sale of 6,000 shares for $45,318.0000.