Guangzhou Yuexiu Capital (SHE:000987) expects its attributable profit to jump 94% to 118% to between 1.36 billion yuan and 1.54 billion yuan in the third quarter from 703 million yuan in the year-ago period, according to a Monday filing with the Shenzhen bourse.
Basic earnings per share at the financial company are seen to grow to between 0.2715 yuan and 0.3059 yuan from 0.1403 yuan in the prior-year period.
The foreseen increase is attributable to a "steady development of the capital market," among other factors, the filing said.
Shares grew 3% during afternoon trading on Monday.
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