Huatai Securities (601688.SH) released semi-annual results, net profit of 5.311 billion yuan, a year-on-year decrease of 18.99%

According to the Zhitong Finance App, Huatai Securities (601688.SH) disclosed its 2024 semi-annual report. During the reporting period, the company achieved revenue of 17.441 billion yuan, a year-on-year decrease of 5.05%; net profit to mother of 5.311 billion yuan, a year-on-year decrease of 18.99%; deducted non-net profit of 5.258 billion yuan, a year-on-year decrease of 25.06%; and basic earnings per share of 0.55 yuan. It is proposed to distribute a cash dividend of RMB 0.15 (tax included) per share.

During the reporting period, the Group actively adapted to market changes, built and perfected a wealth management business system driven by headquarters, integrated operation, focused on building a management system based on customer classification and hierarchy, continuously innovating and optimizing service models, improving service efficiency and service experience, and striving to form endogenous business growth mechanisms through deep customer management, save new momentum for business development, and shape the differentiated advantages of inclusive financial services.

In terms of futures brokerage business, as of the end of the reporting period, Huatai Futures had 9 futures branches and 42 futures sales departments, covering 4 municipalities directly under the Central Government and 17 provinces in China, with 133 trading agents. During the reporting period, Huatai Futures achieved proxy trading volume of 244.274,500 lots, with a transaction amount of RMB 21,249.217 billion. The securities business collaborated efficiently. By the end of the reporting period, the Group had 241 securities sales departments approved to engage in futures IB business, and the total number of futures IB customers was 60,300.