HTGF(SH:600864) Zheng Quan Shi Bao Wang·2025-10-24 08:24Core Viewpoint - The financial performance of HATOU Co., Ltd. (stock code: 600864) shows significant growth in both revenue and net profit for the third quarter and the first three quarters of 2025, driven by increased income from brokerage services and investment gains [1] Financial Performance Summary - In Q3 2025, the total operating revenue reached 369 million yuan, representing a year-on-year increase of 23.83% [1] - The net profit for Q3 2025 was 164 million yuan, reflecting a year-on-year growth of 8.16% [1] - For the first three quarters of 2025, the total operating revenue amounted to 1.844 billion yuan, with a year-on-year growth of 4.97% [1] - The net profit for the first three quarters was 544 million yuan, showing a substantial year-on-year increase of 104.66% [1] - The basic earnings per share stood at 0.26 yuan [1] Key Drivers of Performance - The increase in net profit is primarily attributed to a rise in brokerage fees and commissions from securities business compared to the previous year [1] - Gains from the disposal of trading financial assets and other bond investments also contributed positively to the investment income [1] - The fair value changes of financial assets due to market fluctuations resulted in increased income, while the credit impairment losses on repurchased financial assets decreased compared to the previous year [1]