Guosen Securities Q1 Profit Down 10%, Shares Fall 3%
Guosen Securities (SHE:002736) posted first-quarter attributable net profit of 2.10 billion yuan, down 9.6% from 2.33 billion yuan the previous year.Earnings per share declined to 0.18 yuan from 0.21 yuan, according to a Thursday filing on the Shenzhen bourse.Operating revenue slipped 4.5% year over year to 4.92 billion yuan from 5.15 billion yuan.Shares of the brokerage firm were down 3% in recent trade.