Article: SOUTHWEST SECURITIES H1 NET UP 208%


AsiaInfo Services
08-18-2009
Southwest Securities H1 Net up 208%

SHANGHAI, Aug 18, 2009 (SinoCast Daily Business Beat via COMTEX) -- Southwest Securities Co., Ltd. had a net profit of CNY 431 million in the first half of 2009, soaring 208.34 percent year on year, according to half-yearly financial results the Chinese broker released today.

Earnings per share hit CNY 0.23 and return on net assets was 10.93 percent. Operating revenue reached CNY 867 million, representing a yearly rise of 99.74 percent.

Of the total, CNY 409 million, or 47.17 percent, was from brokerage business, up 11.92 percent and CNY 130 million, or 14.99 percent, was from undertaking business, up 569.09 percent. CNY 268 ...

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