Guolian Securities (01456) announced interim results. Profit attributable to shareholders of 87.708 million yuan decreased by 85.39% year-on-year

According to Zhitong Finance App, Guolian Securities (01456) announced interim results for the six months ended June 30, 2024. The group obtained total revenue, net investment income and other revenue of 1.84 billion yuan (RMB, same below) during the period, a year-on-year decrease of 27.01%; profit attributable to shareholders was 87.708 million yuan, a year-on-year decrease of 85.39%; and basic income per share was 0.03 yuan.

According to the announcement, the brokerage and wealth management business achieved revenue of 467 million yuan, a year-on-year decrease of 5.48%; the investment banking business achieved revenue of 180 million yuan, a year-on-year decrease of 40.97%; the asset management and investment business achieved revenue of 327 million yuan, an increase of 102.06%; the credit trading business achieved revenue of 304 million yuan, a year-on-year decrease of 16.44%; and the securities investment business achieved revenue of 356 million yuan, a year-on-year decrease of 66.46%.