Aug. 28, 2012 (China Knowledge) - GF Securities Co Ltd<000776>, a major brokerage firm in China, said yesterday that its net profit grew 9.44% YoY to RMB 1.47 billion in the first half of this year.
Basic earnings per share were RMB 0.25 during the period, down 7.41%YoY.
The company's operating revenue reached RMB 3.98 billion in the first six months, 21.77% more than in the same period of last year.
Revenue from securities brokerage business plunged 33.30% YoY in the period, while that from investment banking business jumped 31.82% to RMB 750 million. The self-operated business generated RMB 960 million of revenue, reflecting a robust growth of 328.5% YoY.
As of the end of June, the company's total assets had increased 4.87% from the beginning of this year to RMB 80.86 billion.