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Recently, brokers' three quarterly reports have been revealed one after another. As of October 28, the first three quarter results of 7 brokerage firms and 4 brokerage parent companies have surfaced. Judging from the brokerage firms that have disclosed results for the first three quarters so far, only CITIC Securities and Huaxi Securities achieved year-on-year increases in revenue and net profit among the 7 brokerage firms. Over the same period, the performance of many small and medium brokerage firms was under pressure. In the first three quarters, revenue from Guoyuan Securities and Dongxing Securities both declined slightly from the same period last year, but net profit to mother increased by 3.36% and 0.75%, respectively; revenue from Jianghai Securities, Cinda Securities, and Northeast Securities increased 10.77%, 9.48%, and 1.95% year on year, respectively, but net profit to mother fell short of the same period last year.
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Recently, brokers' three quarterly reports have been revealed one after another. As of October 28, the first three quarter results of 7 brokerage firms and 4 brokerage parent companies have surfaced. Judging from the brokerage firms that have disclosed results for the first three quarters so far, only CITIC Securities and Huaxi Securities achieved year-on-year increases in revenue and net profit among the 7 brokerage firms. Over the same period, the performance of many small and medium brokerage firms was under pressure. In the first three quarters, revenue from Guoyuan Securities and Dongxing Securities both declined slightly from the same period last year, but net profit to mother increased by 3.36% and 0.75%, respectively; revenue from Jianghai Securities, Cinda Securities, and Northeast Securities increased 10.77%, 9.48%, and 1.95% year on year, respectively, but net profit to mother fell short of the same period last year.
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