China CITIC Financial Asset Management's Profit Soars 445% in 2024

MT Newswires Live

2025/03/31

China CITIC Financial Asset Management's (HKG:2799) net profit attributable to shareholders in 2024 soared nearly 445% to 9.62 billion yuan from 1.77 billion yuan, according to a March 28 disclosure with the Hong Kong Stock Exchange.

Earnings per share rose 0.109 yuan from 0.011 yuan, the filing said.

The financial asset management company's total income jumped 54% to 107.4 billion yuan from the year-ago total income of nearly 70.0 billion yuan.

No dividend was recommended for the period.

The company's shares fell over 2% in recent trade.

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