Orient Securities released its preliminary earnings report, showing first-half net profit attributable to the parent of 4.518 billion yuan, up 30.46 percent year-on-year. Total operating revenue for the same period was 9.56 billion yuan, an increase of 19.49 percent, with basic earnings per share of 0.53 yuan. The profit growth was mainly driven by higher revenue from wealth and asset management, investment banking and alternative investments, as well as institutional and sales trading businesses.
Orient Sec Co LtdNet profit attributable to parent rose 30.46% year-on-year, driven by higher revenue from multiple business lines.