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

CITIC Securities Q3 profit rises YOY to 3B yuan

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


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.