Guotai Junan International Holdings (HKG:1788) expects to record a 60% to 75% year-over-year jump in net profit in 2024, a Tuesday Hong Kong bourse filing said.

Profit is forecast to range between HK$330 million and HK$360 million, compared with HK$206 million logged for the preceding year.

The finance company attributed the expected increase to better yields from its investment business along with a significant increase in the group's income from its main businesses like wealth management, financial products, corporate finance, and asset management.