Huatai Securities forecasts strong Q1 profit growth

Huatai Securities Co., Ltd. (SSE:601688) anticipates a significant surge in its first-quarter 2025 performance, projecting net profits attributable to the parent company shareholders to range from CNY3.437 billion to CNY3.666 billion, representing a year-over-year increase of 50% to 60%. The securities firm also forecasts net profits attributable to the parent company shareholders, excluding non-recurring gains and losses, to be between CNY3.471 billion and CNY3.695 billion, marking a rise of 55% to 65% compared to the same period last year. The expected growth is attributed to the company's strategy of leveraging technology and focusing on key areas such as wealth management, institutional services, and investment management.