Guotai Junan reports 4.56 pct drop in revenue in 2018

Guotai Junan sees revenue decline in 2018

   BEIJING, March 22 (Xinhua) --Guotai Junan, one of China's leading securities brokers, announced Wednesday that its revenue declined 4.56 percent to 22.719 billion yuan in 2018.

  Specifically, Guotai Junan underwrote 383.073 billion yuan of securities as lead underwriter in 2018, which,  9.01 percent more than the previous year, made it rank the fifth in the industry.

   The securities  dealer raked in net profit of 6.708 billion yuan last year, a year-on-year decrease of 32.11 percent.(Edited by Wang Tengfei).