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Everbright Securities' H1 profit down 26.6% at RMB 829 mln

Aug. 1, 2012 (China Knowledge) - Everbright Securities Co<601788>, a Chinese leading brokerage, said its net profit attributable to shareholders decreased 26.6% YoY to RMB 829 million in the first half of this year.

Basic earnings per share for the period were RMB 0.24, less than RMB 0.33 it realized in the corresponding period of 2011.

According to a statement filed with Shanghai Stock Exchange, the brokerage saw its operation revenue for the six-month period reached RMB 2.11 billion, including RMB 777.03 million from its brokerage business, down 25.07% YoY.

Meanwhile, the company's securities investment business generated RMB 344.61 million in operation revenue, skyrocketed 354.21% from a year earlier.

As of Jun 30, 2012, Everbright Securities had RMB 51.18 billion in total assets, 18% more than at the end of last year.

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