Guangzhou Friendship Group Co Ltd000987
Mentioned
Yuexiu Capital has issued its first-half 2026 earnings forecast, projecting net profit attributable to shareholders of the listed company at 2.727 billion to 3.039 billion yuan, representing a year-on-year increase of 75% to 95%. The profit growth is mainly driven by higher investment income amid improving capital market conditions, as well as the effective business transformation of its subsidiary Guangzhou Asset Management, which has led to a significant rise in related earnings.
Guangzhou Friendship Group Co Ltdsubsidiary's effective business transformation drives significant earnings increase