Leading brokerage releases another Q3 report: CSC's net profit rises by 80%, investment income doubles!

```

The performance of brokerage stocks is becoming increasingly impressive,

On the evening of October 30, brokerage giant CSC Financial (CITIC Securities Construction Investment) released its latest earnings. The announcement shows: In the third quarter, CSC Financial achieved operating revenue of 6.549 billion yuan, a year-on-year increase of 55.29%; net profit attributable to shareholders of the parent company was 2.58 billion yuan, a year-on-year increase of 79.21%.

In the first three quarters, this brokerage firm achieved operating revenue of 17.289 billion yuan, a year-on-year increase of 31.25%; net profit attributable to shareholders of the parent company was 7.089 billion yuan, a year-on-year increase of 64.95%.

Regarding the growth of the above core indicators, CSC Financial explained: "Mainly due to increases in investment income, and net income from fees and commissions."

Investment Income Increases by Over 100%

Breaking it down: The most notable aspect for CSC Financial this year is the rebound in investment business. In the first three quarters of this year, it recorded 7.46 billion yuan, a year-on-year increase of 113.61%.

CSC Financial explained: "Mainly due to increased gains from the disposal of trading financial assets."

In other words, the company's proprietary trading business and the various assets it holds benefited significantly from this year's stock market rally, with overall returns showing a clear improvement—the company’s team seized market opportunities well.

Brokerage Business: "Spring Waters Warming"

CSC Financial's wealth (brokerage) business also stood out.

The third quarter report shows that the company's net income from fees and commissions in the first nine months reached 9.09 billion yuan, a year-on-year increase of 40%.

Among them, net income from brokerage fees grew especially notably, reaching 5.757 billion yuan, a year-on-year increase of 53.68%.

In addition, net interest income was 673 million yuan, up 50% year-on-year.

All of this reflects the stock market's vibrancy and the company's growth in trading volume.

Investment Banking Business Warming Up

For the first three quarters of 2025, CSC Financial's overall performance was strong, especially regarding the recovery in investment banking and brokerage business.

It’s undeniable that net income from investment banking business also showed solid growth, reaching 1.846 billion yuan, an increase of 23.37% year-on-year, reflecting a gradual recovery of the company’s capital market underwriting business.

Lastly, net income from asset management and fund management fees was relatively stable, increasing 2.81% to reach 951 million yuan.

Risk Warning and DisclaimerThe market has risks, and investments should be made cautiously. This article does not constitute any personal investment advice and does not take into account the unique investment objectives, financial situation, or needs of any particular user. Users should consider whether any opinions, views, or conclusions in this article are appropriate for their specific circumstances. Investment decisions made accordingly are at your own risk. ```