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CITIC Securities earns RMB 356 mln profit in Jun

Jul. 10, 2012 (China Knowledge) - CITIC Securities Co<600030>, China's largest listed brokerage firm, announced yesterday that it recorded RMB 356 million in unconsolidated net profit in June this year, 19.45% less than in the previous month.

The company's unconsolidated operating revenue was RMB 831 million in last month, down 11.2% MoM.

CITIC (Zhejiang) Co made a net profit of RMB 26.67 million last month, and CITIC Wantong Securities Co, which is 91.4% held by CITIC Securities, booked a net profit of RMB 12.93 million.

As of the end of June, CITIC Securities had unconsolidated net assets of RMB 71.09 billion.

Haitong Securities Co Ltd<600837><6837>, China's second-largest brokerage firm by total assets, yesterday reported a 26.36% MoM decline in unconsolidated net profit for June, which stood at RMB 287 million. The company’s operating revenue was RMB 690 million last month.

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