Orient Securities (SHA:600958, HKG:3958), also trading as DFZQ, recorded a 62% rise in attributable profit for the three months ended March 31 to 1.44 billion yuan from 886 million yuan a year prior, a Monday filing with the Hong Kong bourse said.
Basic EPS for the year stood at 0.16 yuan, up from 0.10 yuan in the year-ago period.
The Chinese investment bank and brokerage firm's operating revenue surged 49% to 5.38 billion yuan in the period from 3.61 billion yuan in the first quarter of 2024.
The firm attributed the higher profit and revenue mainly to a boost in revenue from the proprietary securities and wealth management business segments.
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