Bank of China Securities (601696.SH) announced its semi-annual 2023 results KuaiBao announcement on August 14. During the reporting period, the company achieved operating income of 1.592 billion yuan, an increase of 9.99 percent over the same period last year. Net profit belonging to shareholders of listed companies was 645 million yuan, up 24.39 percent over the same period last year.
In the first half of 2023, closely centering on the strategic goal of "building a first-class securities company with Chinese characteristics", the company continued to enhance the quality and efficiency of coordination with the Bank of China Group, further strengthened its linkage with commercial firms and comprehensive operating companies within the group, and actively seized market opportunities. to promote the development of various businesses, the trend of efficiency has continued to improve, business growth has become more balanced, and the scale and quality have been "improved". During the reporting period, the wealth management business showed a steady development trend, the year-on-year income of investment banks increased significantly, and the scale of asset management steadily ranked among the top three in the industry.