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Changjiang Securities' profit down 46.24% in Q1

Apr. 13, 2012 (China Knowledge) – Changjiang Securities Co Ltd<000783> announced its net profit attributed to shareholders plunged 46.24% year on year to RMB 179 million in the first quarter of this year.

According to a statement filed with Shanghai Stock Exchange, the company saw its operation revenue reached RMB 582 million in the first three month of this year, reflecting a year-on-year decrease of 20.09%.

Basic earnings per share were RMB 0.08 in the period.

In 2011, the security company saw its operation revenue reached RMB 1.87 billion, 41.46% lower than it realized in 2010. Net profit for last year drop 70.21% year on year was RMB 483 million.

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