Everbright Securities’ net profit down 79% in 2013
The net profit of Everbright Securities was only 212 million yuan ($35 million) in 2013, down 78.79 percent year-on-year with earnings per share dropping to 0.0622 yuan, according to the company’s estimate released on Wednesday. Everbright Securities had total sales revenue of 4.06 billion yuan in 2013, up 11.3 percent year-on-year. Its total profit was 504 million yuan, down 62.89 percent. The company’s total assets are now worth some 53 billion yuan, down 9.07 percent.