China's CITIC Securities third-quarter net profit surges 133%
Reuters
Published Oct 30, 2019 09:18
China's CITIC Securities third-quarter net profit surges 133%
BEIJING/SHANGHAI (Reuters) - China's biggest brokerage CITIC Securities Co Ltd (SS:600030), (HK:6030) reported on Friday a 133% surge in third-quarter net profit on growing investment returns.
Net profit for the July-September period rose to 4.07 billion yuan ($576.85 million) from 1.75 billion yuan a year earlier, the company said in a statement to the Shanghai stock exchange.
Its investment returns increased to 5.92 billion yuan in the third quarter from 1.93 billion yuan in the same period a year earlier.
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Written By: Reuters
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