Haitong Securities: Net profit of 2020 about 10.875 billion yuan, an increase of 14.2% YoY

NBD AI Bulletin -- Haitong Securities Co., Ltd (SH 600837, close price: 12.09 yuan) released on February 26 2020 annual results, saying that the Company recorded gross revenue of about 38.155 billion yuan, an increase of 9.45% year on year, the net profit attributable to shareholders amounted to about 10.875 billion yuan, an increase of 14.2% compared with the previous year, and the basic earnings per share stood at 0.90 yuan, an increase of 8.43% year over year.

2020.5 Annual report shows that the main business of Haitong Securities is wealth management, trading and institutional, financial leasing business, management and other, investment banking, asset management business, accounting for 27.81%, 26.58%, 12.31%, 11.78%, 11.61%, 9.91% of revenue, respectively.

Haitong Securities' chairman is Zhou Jie, male, 53 years old, Chinese national, Master of Engineering. The Company's general manager is Qu Qiuping, male, 59 years old, Master of Economics, senior accountant.

(By Gao Han)

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