Citigroup Financial Assets Report Profit: Expected Net Profit for First Half of 2025 to Increase by Approximately 12.5% to 16.3%
Citigroup Financial Assets (02799) has released an announcement stating that, based on the preliminary accounting of the company's half-year financial data in accordance with international financial reporting standards, the net profit attributable to shareholders for the first half of 2025 is expected to be approximately RMB60 billion to RMB62 billion, representing a growth rate of around 12.5% to 16.3% compared to the same period last year, excluding the impact of gold leasing companies; and a growth rate of around 23.9% to 28.2% if the impact is included.
For the first half of 2025, the company has earnestly implemented the deployment of the Central Financial Work Office, fully leveraging its financial assistance and countercyclical adjustment functions to actively serve national strategic goals, prevent and mitigate financial risks, and strengthen its main business capabilities in accordance with the work requirements of "optimizing assets, increasing income, grasping returns on investment, reducing non-performing assets, promoting reform, and strengthening internal capabilities." The company has continued to solidify its upward trend in development, continuously improving its operating performance: seizing the opportunities brought by national policies and industry developments, the company has increased its main business investments, significantly boosting main business income growth, asset returns, and financial capabilities; the company's risk management system has been further deepened, solidifying asset quality, and the non-performing assets have been reduced to a minimum.