China International Capital's Profit Jumps 75% in Q1

MT Newswires Live04-30

China International Capital (HKG:3908, SHA:601995) posted profit attributable to shareholders of 3.58 billion yuan for the first quarter, up 75% from 2.04 billion yuan a year earlier, according to a Wednesday Hong Kong bourse filing.

Hong Kong-listed shares of the investment bank were down 2% in Thursday afternoon trade.

Earnings per share came in at 0.703 yuan, compared with 0.382 yuan a year earlier.

Operating revenue rose 54% to 8.8 billion yuan from 5.7 billion yuan in the prior-year period.

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