Summary by Futu AI
Citic, a subsidiary of Citic, released the unaudited performance report for the third quarter of 2024, showing revenue of approximately RMB 15.958 billion and a net profit attributable to the parent company's shareholders of approximately RMB 6.229 billion. The performance for the quarter increased by 11.54% and 21.94% respectively compared to the same period last year. Executive director Zhang Youjun stated that the net cash flow generated from operating activities significantly increased to approximately RMB 113.615 billion during this reporting period. In addition, on October 29, 2024, the company announced that a mid-year cash dividend for 2024 would be distributed before December 24, with a dividend of RMB 2.40 for every 10 shares. During the reporting period, Citic Sec also made various business adjustments, including the transfer and relocation of branch institutions. The company's stocks are listed on the Hong Kong and Shanghai stock exchanges with stock codes 00267.HK and 6030 respectively.