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TABLE-China's Changjiang Securities 2007 net up 353 pct

Sun Mar 30, 2008 9:35pm EDT
 
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 March 31 (Reuters) - Year ended Dec. 31, 2007.
 (in millions of yuan unless stated, against 2006 figures):
                                  2007             2006
 Turnover                       4,961.89    vs   1,410.93
 Net profit                     2,363.67    vs     521.27
 Earnings per share (yuan)          1.64    vs       0.36
 Assets per share   (yuan)          3.53    vs       1.24
 Pretax dividend/shr (yuan)         0.50    vs       n.a.
 Company: Changjiang Securities 000783.SZ, a mid-sized
brokerage, obtained a backdoor stock market listing last year
after a merger with Shijiazhuang Petrochemical Co.
 Note: The company published audited results, compiled under
domestic accounting standards, on Monday. Year-earlier figures
were revised because of accounting rule changes.
 The company said its earnings rose in 2007 as a booming stock
market propelled its securities trading turnover, which jumped
404 percent to 1.52 trillion yuan ($217 billion), the 17th
biggest among Chinese brokerages, while its income from the
broking business rose 276 percent to 2.2 billion yuan.
 ($1 = 7.01 yuan)
 (Reporting by Lu Jianxin in Shanghai; Editing by Edmund Klamann)

 

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