China International Capital (SHA:601995, HKG:3908), or CICC, posted 2024 net profit attributable to shareholders of 5.69 billion yuan, down 7.5% from 6.16 billion yuan the previous year.
Earnings per share declined 9% year over year to 1.035 yuan from 1.138 Yuan, missing Visible Alpha estimates of 1.06 yuan.
The investment management and financial services company's revenue fell 7.2% to 21.3 billion yuan from 23.0 billion yuan. The current figure was higher than VA analysts' projection of 2.51 billion yuan.
CICC declared a cash dividend of 0.09 per share.
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