Summary by Futu AI
Citic announced unaudited financial statements for the nine months ending on September 30, 2024, on October 31, 2024. The report shows that the company's cash and cash deposits have increased, from 78.627 billion RMB at the end of 2023 to 79.162 billion RMB. In addition, loans and advances increased from 5.4 trillion RMB at the end of 2023 to 5.53 trillion RMB. The company's total revenue during the reporting period was 279.985 billion RMB, a slight increase from 268.986 billion RMB in the same period last year. However, net profit decreased slightly from 75.489 billion RMB in the same period last year to 73.776 billion RMB. Citic reminds shareholders and potential investors that the financial statements have not been audited by auditors or reviewed by the board of directors and the risk committee, so caution should be exercised when investing. Board members include Executive Director Chi Guohua (Chairman), Zhang Wenwu, Liu Zhengjun, Wang Guoquan, as well as non-executive directors and independent non-executive directors.
