trending Market Intelligence /marketintelligence/en/news-insights/trending/a27i3So1QvlCfTGMtkvSnw2 content esgSubNav
In This List

CITIC Securities Q3 profit rises YOY to 3B yuan

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


CITIC Securities Q3 profit rises YOY to 3B yuan

CITIC Securities Co. Ltd. posted a year-over-year increase in net profit for the third quarter ended Sept. 30, as investment income surged.

The group's net profit attributable to owners increased to 3 billion yuan, or 24 fen per share, from 2.70 billion yuan, or 23 fen per share, in the prior-year quarter.

Net fee and commission income fell to 4.83 billion yuan from 5.04 billion yuan. Net interest income dropped to 657.6 million yuan from 736.6 million yuan. Meanwhile, investment income jumped year over year to 3.12 billion yuan from 1.15 billion yuan.

Operating revenue for the quarter rose to 9.81 billion yuan from 8.88 billion yuan.

For the nine months ended Sept. 30, the group's net profit attributable to owners declined year over year to 7.93 billion yuan from 7.94 billion yuan. EPS for the period fell to 65 fen from 66 fen.

As of Oct. 27, US$1 was equivalent to 6.65 Chinese yuan.