Guotai Junan International's Interim Profit Rises 22.68% to RMB 675 Million
Guotai Junan International reported interim net profit attributable to shareholders of RMB 675 million, up 22.68% year-on-year. Revenue rose 37.02% to RMB 3.871 billion. Interest income increased 26.37% to RMB 1.511 billion, trading and investment net gains rose 36.53% to RMB 1.485 billion, and commission and fee income surged 61.54% to RMB 874 million. No interim dividend was declared; basic earnings per share were RMB 7.08 cents.
Guotai Junan International announced its interim results for the six months ended June 30. During the period, profit attributable to shareholders amounted to RMB 675 million, up 22.68% year-on-year. Basic earnings per share were RMB 7.08 cents, and no interim dividend was declared. Revenue reached RMB 3.871 billion, an increase of 37.02% year-on-year.
All revenue streams recorded growth during the period. Interest income rose 26.37% to RMB 1.511 billion; net trading and investment gains increased 36.53% to RMB 1.485 billion; and commission and fee income grew 61.54% to RMB 874 million.
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