China Industrial Securities: Profit up, strong Q1 2025

China Industrial Securities (SSE:601377) announced preliminary FY2024 results showing significant growth, followed by a strong Q1 2025 performance. FY2024 operating income reached CNY 12.353 billion, a 16.25% increase year-over-year. Operating profit increased to CNY 3.081 billion, up 3.99%. Net profit attributable to shareholders was CNY 2.164 billion, a 10.16% increase. Basic earnings per share rose to CNY 0.2385. The weighted average return on net assets was 3.81%.