National Gold securities 440 million profit last year

The 2010 Annual report, released at the weekend, showed that the company achieved net profit of 438 million last year, down 15.11% year-on-year, with earnings per share of 0.44 yuan, down 15.12% year-on-year.　　The same day issued a quarterly bulletin shows that the first quarter of this year, the company achieved net profit of 156 million, a big increase of 76.42%; basic earnings per share of 0.16 yuan, an increase of 77.27%. To see the main business, last year, the National Gold securities brokerage business to achieve revenue 861 million, the year-on-year decrease of 16.46%, operating profit rate of 52.35%, a decrease of 6.57%; Investment banking revenue 625 million, a large increase of 290.43%, operating profit of 42.74%, an increase of 38.26　　%, the securities investment business realized revenue 50.4745 million, 64.57% Year-on-year, operating profit rate of 22.48%, the year-on-year decrease of 59.23%. Benefited from the rapid development of the equity financing market last year, the investment bank's business income increased significantly.　　2010, the company received a total underwriting income of 437 million yuan, of which the main underwriting income of 435 million yuan, the deputy main underwriting and distribution income of 2.5707 million yuan, to obtain the sponsorship business income of 176 million yuan, to obtain financial advisers income of 11.765 million yuan. In the face of the future, the national Gold Securities said, will continue to do strong business, continue to build "research consulting as the driving, based on brokerage business, to investment banking business as a key breakthrough to proprietary business and innovative business as an important complement" of "one Wings" business development model. Relative to other large and medium-sized brokerages, the size of the securities assets is small and the net capital restriction is more obvious.　　The company can protect the company's short-term capital demand through capital borrowing, bond repurchase and short-term bank loans, on the other hand, in order to improve the company's comprehensive competitiveness and ability to resist risks, it can also solve the company's long-term capital demand through additional issues. 2011 Quarterly bulletin issued on the same day as the National Gold securities. In terms of the combined profit statement, the company realized the total operating income of 478 million, an increase of 82.4% in the first quarter, the net profit of the shareholders of the listed companies was 156 million, and the year-on-year increase was 76.42%; The basic earnings per share was 0.16 yuan, and the weighted average return was 77.27%, Increased 1.69% year-on-year. Responsible Editor: NF045