Shares of GF Securities Co., Ltd. (01776.HK) surged 5.94% on Wednesday morning after the company reported a significant jump in its third-quarter profits.
In its latest earnings report, the Chinese securities brokerage firm posted a net profit attributable to owners of 2.40 billion yuan ($333 million) for the three months ended September 30, an 89% increase from the same period last year. Revenue for the quarter also climbed 54% year-over-year to 7.36 billion yuan.
The strong financial performance was warmly welcomed by investors, driving GF Securities' stock up nearly 6% in Hong Kong trading. Analysts attributed the robust earnings to the company's successful efforts in expanding its business and capitalizing on China's recovering financial markets.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。