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Everbright Securities' profit down 91% MoM in Oct

Nov. 8, 2012 (China Knowledge) - Everbright Securities Co<601788>, a Chinese leading brokerage, has said its net profit attributable to shareholders plunged 91% MoM to RMB 29.5 million in October this year.

In a statement filed with the Shanghai Stock Exchange, the company said that its operating revenue for last month hit RMB 129 million, 34.5% less than in the previous month.

In the first nine months of this year, the Shanghai listed brokerage realized RMB 2.84 billion in operation revenue, down 19.26% YoY, while its net profit for the nine-month period plunged 30.26% YoY to RMB 959 million.

As of Oct. 30, 2012, the firm's net assets hit RMB 21.04 billion.

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