BOC International (601696) Q3 2025 earnings summary

Executive summary

• Achieved strong revenue and profit growth in the first nine months of 2025, with significant increases in brokerage and investment banking fee income.

• Net profit attributable to shareholders rose 29.28% year-over-year to ¥854.07 million for the first three quarters.

• Adjusted net profit (excluding non-recurring items) increased 35.05% year-over-year.

Financial highlights

• Operating revenue for Q3: ¥933.21 million, up 38.33% year-over-year; YTD revenue: ¥2.44 billion, up 26.95%.

• Q3 net profit: ¥289.03 million, up 22.37% year-over-year; YTD net profit: ¥854.07 million, up 29.28%.

• Basic and diluted EPS for the first three quarters: ¥0.31, up 29.17% year-over-year.

• Net cash flow from operating activities for the first three quarters: ¥10.07 billion, down 31.69% year-over-year.

Outlook and guidance

• Growth in brokerage and investment banking fee income expected to continue supporting profitability.