SDIC Capital Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2023
October 27, 2023 at 05:14 am EDT
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SDIC Capital Co.,Ltd reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported revenue was CNY 12,825.94 million compared to CNY 12,470.71 million a year ago. Net income was CNY 2,427.78 million compared to CNY 2,141.37 million a year ago.
SDIC Capital Co., Ltd, formerly SDIC Essence (Holdings) Co., Ltd, is a China-based company principally engaged in the securities business. The Company operates through five segments. The Brokerage segment manily includes brokerage business of securities and futures and the agent sales of financial products. Entrusted Asset Management segment mainly includes the pooled asset management, directional asset management and specific asset management. Proprietary Business segment mainly invests the Companyâs funds in equity securities, fixed income securities and derivatives and is involved in the market making business in the new over-the-counter (OTC) market. Investment Banking segment includes stock financing, bond financing, mergers and acquisitions and financial advisory services. Margin Trading segment includes margin trading, stock pledged repo and agreed-to-repurchase securities.
SDIC CAPITAL CO.,LTD 
