News Column

Founder Securities H1 Net Up 90%

September 1, 2014

CHANGSHA, September 1, SinoCast -- Founder Securities Co., Ltd. (SHSE: 601901) revealed operating revenue of CNY 1.922 billion, rising 33.98% from a year earlier. Net profit reached CNY 769 million, hiking 90.07%, thanks to more investment proceeds and interest income. Basic EPS were CNY 0.13.

The company recorded increasing market share in the reporting period. After climbing 7.3% in 2013, net income from brokerage service inched up 6.5% in the first half of 2014. Ranking number 15 in China, Founder Securities has become a midsize broker.

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Source: Sinocast Investing & Securities Beat (China)

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