Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Financial Market
 Search News  Or
CITIC Securities sees 36.39% drop in Q1 net profit

Apr. 28, 2012 (China Knowledge) - CITIC Securities Co<600030><6030>, China's largest securities firm by market value, announced that its net profit plunged 36.39% year on year to RMB 863 million in the first quarter of this year.

Basic earnings per share were RMB 0.08 in the period, down 42.86% year on year.

CITIC Securities realized RMB 2.39 billion in operating revenue in the first three months, down more than 30% from RMB 3.45 billion in the same period of 2011.

Revenue from brokerage business dropped 31.25% year on year to RMB 748 million, while that from securities underwriting business surged 55.81% year on year to RMB 300 million. The company booked RMB 481 million in investment income, 57.09% more than in the corresponding period of last year.

CITIC Securities earlier reported a net profit of RMB 12.58 billion for 2011, reflecting a growth of 11.18% year on year.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved