长城证券：预计2025年归母净利润同比增长45%—55%

Core Viewpoint - Changcheng Securities is expected to achieve a net profit attributable to shareholders of the listed company between 2.29 billion yuan and 2.45 billion yuan in 2025, representing a year-on-year growth of 45% to 55% [2] Financial Performance - The net profit attributable to shareholders for the current reporting period is projected to be between 229.057 million yuan and 244.854 million yuan, compared to 157.970 million yuan in the same period last year [2] - The net profit after deducting non-recurring gains and losses is expected to be between 229.376 million yuan and 245.173 million yuan, also reflecting a growth of 45% to 55% year-on-year [2] - The basic earnings per share are forecasted to be between 0.57 yuan and 0.61 yuan, up from 0.39 yuan in the previous year [2]