Self-turning northeast securities to make 200 million in the third quarter

Today, the Northeast Securities (000686, closing price of 28.75 Yuan) released the Quarterly Bulletin of 2010. Benefited from a a-share market rebound, the July-September this year, northeast Securities to achieve operating income of 542 million yuan, an increase of 28.94%, the net profit of the listed company shareholders 219 million yuan, an increase of 40.26%.　　In the first three quarters of this year, the company's operating income and net profit were 1.052 billion yuan and 330 million yuan respectively, down 23.22% and 47.9% respectively year-on-year. That means the net profit achieved by the company in the first half of three months in July-September was nearly twice times the net profit of 6 months.　　Companies in the third quarter and the first three quarters of earnings per share of 0.34 yuan and 0.52 yuan. Brokerage business year-on-year decline of 30% by the market volume and commission rate, the impact of the decline in the first three quarters of the northeast securities brokerage business fell markedly. In January-September, the company realized only 724 million yuan of net income of securities brokerage business, and fell 30.59%. In the third quarter, despite a rebound in the A-share market, turnover has also been magnified, the company's commission income is still not satisfactory.　　The net income of the brokerage business in July-September was only 230 million yuan, roughly unchanged from the second quarter. Investment banking is a bright spot in the Northeast Securities business this year.　　January-September, the company to achieve securities underwriting business income of 126 million yuan, 1625.67% year-on-year, because the pace of market financing accelerated, the company underwriting projects increased. Self-made 176 million yuan to make money in the third quarter exerting force is the most important factor of the Northeast securities performance rebound greatly. The first half of the company's fair value change of income and the elimination of joint venture enterprises after the investment of net income is 221 million yuan and 36 million yuan, that is, the investment of proprietary securities is about loss of 185 million yuan. The third quarter of the company's fair value changes in income and investment income is 186 million yuan and 9 million yuan, the total profit of 176 million yuan.　　In the third quarter, proprietary income accounted for about 53.33% of the company's net profit and became its most important source of profit. From the three quarterly bulletin can be seen, since July, northeast securities actively to change stocks. At the end of the second quarter of the ten stock investment, the comprehensive arts shares (600770, closing price of 19.39 yuan), Heng Bao shares (002104, closing price of 15.22 yuan), China Jialing (600877, closing price 9.19 Yuan), Wuliangye (000858, Closing price of 34.57 Yuan) and other four stocks are still heavy warehouse holdings. The newly-configured stocks are dominated by consumer stocks, including 1.53 million shares in Ginza (600858, closing price of 26.92 Yuan), 200,000 shares in Guizhou Maotai (600519, close to 163.27 yuan) and 1.7 million shares of three pharmaceutical industries (600869, closing price 18.24 yuan).