Zhongtai Securities' net profit nearly suffered a 50% Slump last year: investment business significantly dragged down, with 48% of layoffs coming from the investment banking sector.

Jin10 data reported on March 22 that on March 22, Zhongtai Securities published its 2024 annual report, showing a total operating revenue of 10.891 billion yuan, a decrease of 1.870 billion yuan compared to the same period last year, a year-on-year decline of 14.66%; the net profit attributable to the parent company was 937 million yuan, a decrease of 863 million yuan compared to the same report period last year, a year-on-year decline of 47.92%.

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