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HuaAn Securities expects 11.50 percent rise in 2017 operating revenue

www.cfbond.com
2018-02-28 11:26

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HuaAn Securities Co., Ltd. (600909) registered an 11.50 percent year-on-year increase in its operating revenue in 2017, as shown by its preliminary financial report released today on cninfo.com.cn.

This unaudited financial statement shows a total operating revenue of RMB 1.934 billion for this company in 2017.

Profits attributable to its shareholders stand at RMB 672.6607 million, up by 11.74 percent year-on-year. Earnings per share is RMB 0.19, down by 9.52 percent.

In 2017, it saw a decrease in brokerage commissions due to shrinking stock transactions and a declining commission rate.

During the same period, this company enjoyed an increase in net interest income, thanks to its rising net assets and better credit financing business. Also, returns from its securities investments and fair value changes went up by a large margin in 2017.

The detailed financial data for this company will be available in its final 2017 performance report.
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