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CITIC Securities earns RMB 327 mln profit in Jul

Aug. 7, 2012 (China Knowledge) - CITIC Securities Co<600030>, China's largest listed brokerage firm, announced yesterday that it recorded RMB 327 million in unconsolidated net profit in July this year, 8.1% less than in the previous month.

The company's unconsolidated operating revenue was RMB 778.41 million in last month, down 6.4% MoM.

CITIC (Zhejiang) Co made a net profit of RMB 12.85 million last month, and CITIC Wantong Securities Co, which is 91.4% held by CITIC Securities, booked a net profit of RMB 7.4 million.

As of the end of July, CITIC Securities had unconsolidated net assets of RMB 70.74 billion.

Haitong Securities Co Ltd<600837><6837>, China's second-largest brokerage firm by total assets, yesterday reported RMB 50.53 million in unconsolidated net profit for July. The company’s operating revenue was RMB 354 million last month.

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