Hongta Securities forecasts substantial profit growth for first half

Hongta Securities (SSE:601236) anticipates a robust performance for the first half of 2025. The company forecasts net profit attributable to shareholders to range from CNY 65,137.08 to CNY 69,629.30, an increase of 45% to 55% compared to the same period last year. Net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to be between CNY 63,357.55 and CNY 67,883.09, representing a year-over-year increase of 40% to 50%. The company attributes the strong performance to its strategic focus on differentiated and specialized development, optimized asset allocation, and the ongoing transformation of its proprietary trading business. The forecast has not been audited by a certified public accountant.