HTSC Anticipates Substantial First-Half Profit Growth, Forecasts 50-55% Increase in Net Income

Stock News07-14 20:24

HTSC (ASX: 06886) has issued a positive profit alert, projecting a significant rise in earnings for the first half of 2026.

The company expects its net profit attributable to shareholders for the period to land between RMB 11.324 billion and RMB 11.702 billion.

This represents a substantial year-on-year increase of RMB 3.775 billion to RMB 4.153 billion, equating to a growth rate of 50% to 55%.

Furthermore, the firm forecasts its adjusted net profit, which excludes non-recurring gains and losses, to be in the range of RMB 11.333 billion to RMB 11.706 billion.

This adjusted figure indicates an even stronger increase of 52% to 57% compared to the same period last year.

The robust performance is attributed to a favorable capital market environment characterized by sustained high trading activity throughout the first half of 2026.

HTSC stated that it has remained focused on its strategic goal of becoming a premier investment bank, concentrating on its core capital market services.

The company's adherence to a client-centric approach and its commitment to key financial development areas have underpinned its success.

A strategy driven by technological empowerment, particularly in wealth and institutional services, has been a key growth driver.

The firm is actively advancing its development in areas such as intelligent operations, international expansion, and integrated services.

This has enabled the effective fusion of business and technology, unlocking significant value and building resilient, future-proof competitive strengths.

As a result, all major business segments, including wealth management, institutional services, investment management, and international operations, reported notable year-on-year revenue growth.

The company's overall operational performance for the period has reached a record high in its history.

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