NORTHEAST SECURITIES 3Q NET PROFITS REACHED CNY422MN

AsiaInfo Services, October, 2007

AsiaInfo Services 10-18-2007 Northeast Securities 3Q Net Profits Reached CNY422mn SHENZHEN, Oct 18, 2007 (SinoCast via COMTEX) -- Chinese securities brokerage Northeast Securities Co., Ltd. (SZSE: 000686) made total net profits of CNY 422 million for the third quarter ended September 30, 2007, and its underlying earnings per share was CNY 0.73. In the January-September period, the total net profits and earnings per share amounted to CNY 1.05 billion and CNY 1.81, respectively. Meanwhile, Northeast Securities totally gained brokerage net income of CNY 1.372 billion and CNY 8.12 million from underwriting businesses, respectively.

In addition, its self-operating business also contributed a lot to the overall performance. Approved by China Securities...

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