Asset management firms report record profits

皇冠体育app Daily | Updated: 2013-02-05 14:37

Four asset management companies in 皇冠体育app saw total pre-provision operating profits, or PPOP, of 37.6 billion yuan ($5.97 billion) in 2013, a record figure, 皇冠体育app Business News reported on Monday.

In 2012, 皇冠体育app Cinda Asset Management Co Ltd achieved PPOP of 13.6 billion yuan, ahead of 皇冠体育app Huarong Asset Managment Co Ltd's 12 billion yuan. 皇冠体育app Great Wall Asset Management Corp and 皇冠体育app Orient Asset Management Corp posted PPOP of 6 billion yuan.

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