Briefs, January 10, 2013
Unaudited net profit at Baoshan Iron & Steel, the country's largest listed steelmaker, rose about 40 per cent last year to 10.3 billion yuan (HK$12.8 billion), helped by the sale of some assets, the firm said. But operating profit before one-off items fell 33 per cent to 6.2 billion yuan.

Unaudited net profit at Baoshan Iron & Steel, the country's largest listed steelmaker, rose about 40 per cent last year to 10.3 billion yuan (HK$12.8 billion), helped by the sale of some assets, the firm said. But operating profit before one-off items fell 33 per cent to 6.2 billion yuan. Reuters
Citic Securities reported revenue of 1.07 billion yuan and net profit of 434.71 million yuan for last month and net assets of 72.54 billion yuan as of December 31. A year earlier, the Hong Kong-listed firm posted revenue of 8.92 billion yuan, net profit of 4.45 billion yuan and net assets of 73.9 billion yuan. Toh Han Shih