Sep. 7, 2012 (China Knowledge) - CITIC Securities Co<600030
>, China's largest listed brokerage firm, announced yesterday that it recorded RMB 59.86 million in unconsolidated net profit in August this year, 81.7% less than in the previous month.
The company's unconsolidated operating revenue was RMB 300 million last month, down 60.4% MoM.
CITIC (Zhejiang) Co made a net profit of RMB 13.41 million last month, and CITIC Wantong Securities Co, which is 91.4% held by CITIC Securities, booked a net profit of RMB 5.03 million.
As of the end of August, CITIC Securities had unconsolidated net assets of RMB 70.73 billion.
Haitong Securities Co Ltd<600837
><6837>, China's second-largest brokerage firm by total assets, yesterday reported RMB 169 million in unconsolidated net profit for August, reflecting a MoM increase of 234.53%. The company’s operating revenue jumped 36.94% from July to RMB 485 million last month.