Dec. 12, 2012 (China Knowledge) - The nineteen Chinese listed brokerage companies reaped a combined net profit of RMB 471 million in November, 31.3% less than in October this year.
Last month, 19 securities firms saw its operating revenue decrease 7.7% from a month earlier to RMB 2.86 billion.
CITIC Securities Co<600030> is the only company saw its net profit exceed RMB 100 million, it realized RMB 158 million in net profit last month.
Thirteen of the nineteen listed brokerage companies saw their net profit reflect a MoM decreased in November, accounted for nearly 70%.
Meanwhile, six listed brokerage companies suffered a net loss last month, comprising Southwest Securities Co Ltd<600369>, Western Securities Co<002673>, Sealand Securities Co Ltd<000750>, Pacific Securities Co Ltd<601099>, Soochow Securities Co Ltd<601555> and Industrial Securities Co<601377>.