Sinolink Securities (600109): Concerns for Future Development

  • Contributor:TX Investment Consulting
  • Date:Aug 22, 2008
  • Price:$20.00
  • File Type: Adobe Acrobat Reader®
Download Free Adobe Acrobat Reader®

Research Reports Premium Services

-Get the full report for $20.00

-The financial products you have ordered will be sent to   you within 24 hours via e-mail.

Excerpts:

For the first half of 2008, Sinolink Securities (600109) gained income of Rmb871mn, representing an increase of 13.32% yoy; net profit: Rmb506mn, soaring 41.08% yoy; net profit attributable to the parent company: Rmb506mn, rocketing 175.26% yoy; diluted EPS: Rmb1.01; net capital at the end of the period reached Rmb2.184bn, 3.45% lower than that at the end of 2007. Reason for its interim earnings growth: financial assets available for sale were substantially realized. Reason for growth rate of net profit attributable to the parent higher than that of revenue: the decline of proportion of minority shareholders’ income and the decrease of the actual income tax rate.


SSL