Guoyuan Securities Q1 Profit Down 15%, Revenue Slips 13%
Guoyuan Securities (SHE:000728) posted first-quarter attributable net profit of 542.0 million yuan, down 15% from 640.5 million yuan the previous year.Earnings per share declined to 0.12 yuan from 0.15 yuan, according to a Tuesday filing with the Shenzhen bourse.Operating revenue declined 13% year over year to 1.33 billion yuan from 1.52 billion yuan.Shares of the securities brokerage were down 6% Tuesday.