China Securities forecasts 50% profit jump for Q1 2025

China Securities (SSE:601066) has announced a preliminary forecast indicating a substantial increase in net profit attributable to shareholders for the first quarter of 2025. The company projects a net profit of approximately CNY1.843 billion, representing a year-over-year increase of around 50%. Excluding non-recurring items, the estimated net profit is CNY1.835 billion, reflecting a growth rate of roughly 49%. The anticipated surge is primarily attributed to increased revenue from brokerage and proprietary trading activities. The company urges investors to exercise caution. The results are preliminary and unaudited.