JF Wealth Holdings (HKG:9636) expects to record a net profit attributable to the Shareholders of 260 million yuan to 280 million yuan for the year ended Dec. 31, compared with a net profit of approximately 191 million yuan in the prior year.
The company attributed the increase in profit to steady growth in securities market trading and rising investor confidence, and expansion of the company's strategic product expansion through research and innovation, meeting the needs of a diverse clientele.
The company expects to post its annual results by March 25.
The company's shares were up by 2% in early trading.
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