Shenwan Hongyuan Forecasts Upto 94% Rise in 2025 Profit

MT Newswires Live

Jan 28

Shenwan Hongyuan Group (HKG:6806) said it expects an up to 94% year-on-year rise in its 2025 profit, according to a Hong Kong bourse filing Tuesday.

Shares of the securities firm gained nearly 3% in morning trade Wednesday.

The company expects 9.1 billion yuan to 10.1 billion yuan in attributable profit for the year, 75% to 94% higher than the 5.21 billion yuan posted in 2024.

Basing earnings per share is expected to be 0.36 yuan to 0.40 yuan per share, compared with 0.21 yuan per share a year prior.

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