Anxin Trust H1 Net Profit Up42% - ResearchInChina

Date:2011-08-17wangxin  Text Size:

Anxin Trust and Investment (600816.SH) posted a 41.69-percent year-on-year increase in net profit attributable to shareholders to 64.2 million yuan for the first half on revenue of 151 million yuan, reports Securities Daily.

It has 51 trust programs on hand, totaling an asset scale of 13.73 billion yuan through the end of June. It has settled 16 trust programs through the end of June, totaling 5.15 billion yuan. Some 15 new programs are set up, and they are together worth 6.69 billion yuan. Net commission income grew 78.17 percent year-on-year to 140.18 million yuan in the first half.

Through the end of June, Anxin had total assets of 609 million yuan and total liabilities of 199 million yuan, down 56.18 million yuan from the beginning of 2011.

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