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CITIC Securities' profit down 24% in H1

Jul. 20, 2012 (China Knowledge) - CITIC Securities Co<600030><6030>, China's largest listed brokerage firm, announced that its net profit attributable to shareholders decreased 24.35% YoY to RMB 2.25 billion in the first half of this year.

According to a statement filed with Shanghai Stock Exchange, basic earnings per share for the period were RMB 0.2, 33.33% less than RMB 0.3 it realized in the same period of last year.

From January to June 2012, the brokerage firm saw its operation revenue down 22.91% YoY to RMB 5.79 billion.

As of Jun. 30, 2012, the Shanghai-listed company had RMB 149.26 billion in total assets, 0.66% more than at the end of last year.

Yesterday, CITIC Securities saw it’s A-shares close at RMB 12.94, up 35.4% from the beginning of this year.

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