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Founder Securities: Net Profit Drops 79% To CNY 256 Million In 2011

Source: Shanghai Stock Exchange, ChinaScope Financial (Data)

+ According to Founder Securities' 2011 financial report released on April 4, the brokerage firm made CNY 1.7 billion in revenues last year, a 44.65% year-on-year decrease. Net profit attributable to shareholders was CNY 256 million, declining 79.42% year-on-year. Basic earnings per share were CNY 0.0504.

+ The company plans to pay a cash dividend of CNY 0.7 per share.

Due to poor market performance, Founder Securities's profits declined dramatically last year.

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