CICC Expects Up to 70% Growth in Q1 Profit

MT Newswires Live
11 Apr

China International Capital (SHA:601995, HKG:3908), or CICC, expects to record first-quarter annual profit increase of between 50% and 70% amid growth in the wealth management and stock businesses.

Q1 net profit attributable to shareholders is expected to range from 1.86 billion yuan to 2.11 billion yuan, compared with 1.24 billion yuan the previous year, according to a Thursday filing with the Shanghai bourse.

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