CSC Financial (HKG:6066, SHA:601066) expects its net profit attributable to shareholders in the first quarter to jump 50% year on year to 1.84 billion yuan, according to a Hong Kong Stock Exchange filing on Thursday.
The Chinese securities company's attributable profit a year earlier was 1.23 billion yuan and the earnings per share was 0.12 yuan.
The company attributed the forecast to a rise in revenue from its brokerage and proprietary trading businesses.
CSC's Hong Kong shares rose more than 1% in recent trade.