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<Results> GUOTAI HAITONG (02611.HK) 1Q26 Net Profit RMB6.388B, Down 47.8% YoY
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GUOTAI HAITONG (02611.HK) released its first quarter report. Under China Accounting Standards, operating revenue was RMB16.232 billion, up 58.9% YoY. Net profit attributable to shareholders was RMB6.388 billion, down 47.8% YoY, mainly due to negative goodwill arising from the absorption and merger with Haitong Securities in the same period last year, which resulted in higher non-operating income. EPS was RMB0.36. Net profit after deducting non-recurring gains and losses was RMB5.711 billion, up 73.4% YoY. (de/d)

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