CITIC Securities Company Limited reported preliminary consolidated financial results for the full year to Dec. 2016. Operating revenue was RMB 38,001 million against RMB 56,013 million for the same period of last year. Operating profits was RMB 14,205 million against RMB 27,654 million for the same period of last year. Profit before income tax was RMB 14,265 million against RMB 27,287 million for the same period of last year. Net profits attributable to owners of the parent was RMB 10,368 million against RMB 19,800 million for the same period of last year. Basic earnings per share was RMB 0.86 against RMB 1.71 for the same period of last year. Return on weighted average equity was 7.36% against 16.63% for the same period of last year. In 2016, the operating results of the company decreased compared to the corresponding period of 2015 under the influence of the overall market conditions. Among which, the operating revenue and the net profits attributable to owners of the parent of the company experienced a year-on-year decrease of 32.16% and 47.64%, respectively.