Huatai Securities' Profit Jumps 32% in Q1

MT Newswires Live04-30 15:01

Huatai Securities (HKG:6886, SHA:601688) logged net profit attributable to shareholders of 4.80 billion yuan for the first quarter, up 32% from 3.64 billion yuan a year earlier, according to a Wednesday Hong Kong bourse filing.

Hong Kong-listed shares of the securities firm were down nearly 2% in Thursday afternoon trade.

Earnings per share came in at 0.51 yuan, compared with 0.38 yuan a year earlier.

Operating revenue rose 42% to 10.4 billion yuan from 7.37 billion yuan in the prior-year period.

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