CITIC Securities' 2008 profit down 41.03%
Published: 03 May 2009 22:11:20 PSTMay. 4, 2009 (China Knowledge) - CITIC Securities Co Ltd<600030>, the largest listed brokerage in China, reported RMB 7.31 billion of net profit attributable to shareholders in 2008, down 41.03% year on year, according to a statement filed with the Shanghai Stock Exchange on Thursday. The company’s earnings per share stood at RMB 1.1. CITIC Securities attributed to the profit decline to the lower income from the brokerage business and the securities investment business resulting from the tumbling stock market last year. Meanwhile, the Beijing-based broker announced that net profit attributable to its parent company plunged 40.34% year on year to RMB 1.5 billion in the first quarter of this year, in spite of the recent revival in the local stock market. Copyright © 2009 www.chinaknowledge.com |
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