Chinese securities firm Guotai Junan net profit up 28.6 pct

0 Comment(s)Print E-mail Xinhua, January 25, 2020
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BEIJING, Jan. 25 (Xinhua) -- Guotai Junan Securities Co., Ltd., a leading Chinese securities company, estimated a 28.59 percent rise in net profit in 2019.

The company's net profits attributable to shareholders totaled 8.63 billion yuan (1.25 billion U.S. dollars), it said in its preliminary earnings estimate filed with the Shanghai Stock Exchange.

Its revenue rose 31.42 percent year on year to 29.86 billion yuan, the company said.

China's securities sector saw robust performance in 2019 amid gains in major stock indices. The benchmark Shanghai Composite Index, for example, rose 22.3 percent last year. Enditem

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