Summary by Moomoo AI
China Huarong (2799) released a profit forecast on August 7, 2024, expecting the net profit attributable to shareholders of the Company in the first half of 2024 to increase by 191% to 212% compared to the same period last year. This growth is mainly due to the macroeconomic recovery, optimization of asset structure, strengthening of industry layout, and deepening of risk management system. The Company will continue to implement the transformation and development strategy, focus on its main responsibilities and main businesses, and enhance its core competitiveness. Looking forward, China Huarong will adhere to strategic goals, deepen reforms and innovations, and strive to become a leading asset management company in the industry. The Company reminds shareholders and potential investors that the financial data for the first half of the year is preliminary accounting, and the final data will be disclosed in the mid-term performance announcement before the end of August 2024.