Monday, January 3, 2011

G 400% profits of CITIC suspected of possession of.

<P> G CITIC has just released the first half of 2006 net profit rose 50%, but according to newspaper industry's understanding of the situation and predicted that its forecasted to be much more than this. .</ P> <P> G Deputy General Manager of CITIC, said more than 50% year on year but the company forecasted a routine announcement in accordance with relevant provisions, saying the results are unlikely to exceed 551 million first half profit of Orient Securities. .But the industry said that CITIC Securities (Information Quotes Forum) is the scale of the net assets of Orient Securities twice the performance of no reason why anti-below it. .According to reliable sources informed this newspaper calculated the message, "CITIC Securities International public subscription in the process of work will earn a 20 to 30 million yuan of profit alone is forecasted to go should be over 50%. </ P .> <P> It is understood that the first half of stock market trading volume was more than twice the second half of 2005 over the same period, the Shanghai Composite rose is 5 times the second half of 2005. CITIC Securities to 2 billion in the second half of 2005 ., 111.5 million brokerage and self-income, first half of 2006 two of its business should reach 400 million, respectively, and 5.5 million. even if only more likely to consider the "4 billion" a, should also be forecasted .400%. </ P> <P> "without regard to underwriting income, only the two first-half profit this year, CITIC Securities to be 9 billion yuan, as the A share market is one of only two listed brokerages, .do not know the results so conservative it is out of modesty or reservations. ."The source said. </ P> <P> data show that the first half of 2005, CITIC Securities net profit of 66,220,700 yuan, up 50% of the forecasted their proportion in the first half of the company's performance should be .1 billion yuan. </ P>.

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