CICC Announces 2019 Annual Results
CHINA RAILWAY ADR (CRWOY)
NASDAQ:AMEX Investor Relations:
mzcan.com/china/601390/irwebsite
Company Research
Source: PR Newswire
BEIJING, March 31, 2020 /PRNewswire/ -- China International Capital Corporation Limited ("CICC" or "the Company", Stock code: 3908.HK) announced its annual results for the twelve months ended December 31, 2019. As at the end of 2019, the total assets of the Group amounted to RMB344.97 billion, representing an increase of 25.3% compared with the end of 2018; net assets[2] amounted to RMB48.29 billion, representing an increase of 14.5% compared with the end of 2018. Our Group recorded total revenue and other income of RMB22.78 billion, increasing by 22.9% year on year; and net profit1 of RMB4.24 billion, increasing by 21.4% year on year, with a weighted average return on net assets of 9.6%. In 2019, to cope with the complicated and changing macro and market environment, we maintained sound business momentum. In line with the missions of "serving the real economy, preventing and controlling financial risks and advancing financial reforms", we promoted the healthy development of various b
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