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CITIC Securities earns RMB 204 mln profit in Jan

Feb. 7, 2012 (China Knowledge) - CITIC Securities Co<600030>, China's largest listed brokerage firm, announced yesterday that it recorded RMB 204 million in unconsolidated net profit in January 2012.

The company's unconsolidated operating revenue was RMB 522 million last month.

CITIC (Zhejiang) Co made a net profit RMB 13.11 million last month, and CITIC Wantong Securities Co, which is 91.4% held by CITIC Securities, booked a net profit of RMB 7.32 million.

As of the end of January 2012, CITIC Securities had unconsolidated net assets of RMB 7.45 billion.

The securities firm said earlier that that it expected its net profit to increase 11.07% year on year to RMB 12.56 billion in 2011.

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