CSC Financial's Profit Almost Doubles in Q1

MT Newswires Live

04/30

CSC Financial (SHA:601066, HKG:6066), also trading as China Securities, said its net profit attributable to shareholders in the first quarter nearly doubled to 3.67 billion yuan from 1.84 billion yuan a year earlier, according to a Hong Kong bourse filing on Wednesday.

The securities company's Shanghai and Hong Kong shares both jumped 4% at the close of Thursday's trade.

Earnings per share soared 120% year on year to 0.44 yuan from 0.20 yuan.

Operating revenue jumped 62% to 7.70 billion yuan from 4.74 billion yuan in the previous year.

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