China Securities: Net profit for first 3 quarters of 2020 up 96.11% YoY

NBD AI Bulletin -- China Securities Co., Ltd. (the Company, SH 601066, closing price: 45.4 yuan) released its earnings report on October 23. For the first three quarters of 2020, revenue comes in at about 15.859 billion yuan, an increase of 63.55% year on year; Net profit stands at about 7.491 billion yuan, an increase of 96.11% year on year; Basic earnings per share is 0.94 yuan, an increase of 88% year on year. 

According to the semi-annual report of 2020, China Securities Co., Ltd. mainly engages in securities investment, securities brokerage, investment banking, investment management, and other businesses, accounting for 43.23%, 25.77%, 20.02%, 7.6%, and 3.37% of its revenue, respectively.

China Securities Co., Ltd.'s chairman is Wang Changqing, male, 57 years old. The Company's general manager is Li Geping, male, 53 years old.

Tips on "Stock Trends"

1. The number of shares held by northbound investors decreased by 3.5994 million in the past 30 days, representing 0.27% of the Company's circulating shares. 

2. There was no institutional research on the Company in the past 30 days. 

(By Tan Yuhan)

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