Shanghai Chinafortune Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 04:32 am EDT
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Shanghai Chinafortune Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 64.882 million compared to CNY 71.532 million a year ago. Operating income was CNY 234.582 million compared to CNY 679.017 million a year ago. Net income was CNY 178.922 million compared to CNY 563.487 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.53 a year ago.
Shanghai Chinafortune Co., Ltd is a China-based company mainly engaged in securities business. The Company's main business includes brokerage business, asset management business, self-operated business, NEEQ (National Equities Exchange and Quotations) business and margin margin financing and securities lending. Brokerage business includes securities and futures brokerage business, agency sales of financial products, etc. Asset management business includes collective asset management, directional asset management, and special asset management business. Self-operated business includes investment trading of equity securities and derivative financial instruments and NEEQ market doing business with its own funds. NEEQ business includes corporate listing services and financial advisory services. Margin financing and securities lending business include margin financing and securities lending business, stock pledged repurchase business, and agreed repurchase securities business.
SHANGHAI CHINAFORTUNE CO., LTD. 
