Core Viewpoint - Southwest Securities expects a significant increase in net profit for the year 2025, driven by a recovery in capital market activity and strong performance in core business segments [1] Financial Performance - The company anticipates a net profit attributable to shareholders of between 1.028 billion to 1.098 billion yuan for 2025, representing an increase of 329 million to 399 million yuan compared to 2024, which translates to a year-on-year growth of 47% to 57% [1] - The expected net profit after deducting non-recurring items is projected to be between 1.013 billion to 1.082 billion yuan, also reflecting an increase of 324 million to 393 million yuan from 2024, with the same year-on-year growth rate of 47% to 57% [1] Business Segments - The growth in performance is attributed to the active capital market, which has allowed the company to seize market opportunities effectively [1] - Key business segments such as wealth management, securities investment, and investment banking have shown substantial year-on-year growth, contributing significantly to the overall improvement in the company's operational performance [1]
西南证券:预计2025年净利润同比增长47%到57%