Shenwan Hongyuan's Profit Rises 13%, Revenue Up 9%

MT Newswires Live
03-31

Shenwan Hongyuan Group's (SHE:000166, HKG:6806) profit attributable to shareholders in 2024 climbed 13% to 5.21 billion yuan from 4.61 billion yuan a year earlier, according to a Hong Kong Stock Exchange filing on March 28.

Earnings per share jumped 17% year on year to 0.21 yuan from 0.18 yuan.

The Chinese securities brokerage's total revenue rose 9% to 34.8 billion yuan from 31.9 billion yuan in the preceding year.

The board of directors proposed a cash dividend of 0.46 yuan for every ten shares, the filing said.

Both Shenzhen and Hong Kong shares of the company fell around 2% in recent trade.

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