Sinotex Investment & Development Co., Ltd Provides Earnings Guidance for the First Three Quarter of 2015
October 13, 2015
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Sinotex Investment & Development Co., Ltd. provided earnings guidance for the first three quarter of 2015. For the period, the company predicts its net profit belonging to shareholders to be between RMB 3.45 billion and RMB 3.55 billion in the first three quarters of 2015, turning losses into gains compared with that of the same period of the year before, with an increase of 496% and 513% compared with that retroactively adjusted of the same period of the year before.
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.