China Securities reports net-profit surge

Source: Xinhua | 2020-07-12

China Securities Co., Ltd., a leading Chinese securities broker, reported a 122.4 percent rise in net profits in June.

The company's net profits totaled 1.005 billion yuan (about 143 million U.S. dollars), according to a statement the company filed with the Shanghai Stock Exchange.

Its revenue rose 92.3 percent year on year to 2.04 billion yuan, the company said.