China's CITIC Securities 2024 profit rises 10 percent

26-03-2025 21:01 HKT

China's biggest brokerage CITIC Securities (6030) reported a 10 percent rise in net profit last year, according to a filing on Wednesday.

Profit was 21.7 billion yuan (HK$23.25 billion) last year, compared to 19.72 billion yuan in 2023, the filing showed.

The 2024 net profit was above the median estimate of 21.53 billion yuan, according to LSEG data.

REUTERS

A CITIC Securities logo is seen at a building where its branch is located in Beijing, China, March 23, 2016. REUTERS