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China Securities reports net-profit surge

Xinhua | Updated: 2020-07-11 19:49
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An investor checks stock prices at a brokerage in Nanjing, East China's Jiangsu province, July 6, 2020. [Photo/Sipa]

BEIJING -- 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), 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.

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