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GF Securities' profit increased by 42% last year
Guangfa Securities (01776) announced that, as of the end of last year, full-year profit was RMB 13.702 billion, up 42.18% year-on-year. Earnings per share were RMB 1.68. A final dividend of RMB 0.5 will be paid.
During the period, total revenue and other income reached RMB 44.513 billion, an increase of 21.72%.
The company will adhere to the strategic guideline of “customer-centric orientation” throughout, based on the principles of synergy and an innovative spirit, to understand customer needs. At the new stage of development, the company will focus on its principal business, optimize its business structure, strengthen self-reform, promote the transformation of its development model toward high-quality development, and comprehensively advance the strategic transformation and upgrade of its four major businesses, including investment banking business, wealth management business, trading and institutional business, and investment management business.