news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Phoenix Finance News: On August 23, Founder Securities disclosed its 2024 semi-annual report, and the company's revenue and net profit both declined year-on-year. Among them, the company achieved operating income of 3.722 billion yuan in the first half of the year, a year-on-year decrease of 8.18%; the net profit attributable to shareholders of listed companies was 1.351 billion yuan, a year-on-year decrease of 6.15%.

Specifically, the core business revenues of Founder Securities, such as wealth management, asset management, and investment banking, all declined to varying degrees, down 10.66%, 53.06%, and 24.88% year-on-year, respectively. Investment and trading business was the only business segment of the company to achieve growth, with revenue of 135 million yuan, up 66.52% year-on-year.

At the same time, Phoenix Finance's "Investment Observation" found that as the company's performance declined, Founder Securities' business departments and employee numbers decreased.

In its 2022 annual report, Founder Securities mentioned that as of December 31, 2022, the company had 6 second-level subsidiaries, 24 branches, and 363 securities business departments; it had 6,702 employees, including 9 senior managers.

In the 2023 annual report, Founder Securities disclosed that as of December 31, 2023, the company had 6 second-level subsidiaries, 24 branches, and 358 securities business departments; it had 6,617 employees, including 11 senior managers.

That is to say, in 2023, the number of Founder Securities branches decreased by 5, the number of employees decreased by 85, and the number of senior management increased by 2.

Founder Securities’ latest semi-annual report disclosed that as of June 30, 2024, the company has 6 second-level subsidiaries, 25 branches, and 354 securities business departments; it has 6,435 employees, including 11 senior managers.

This means that in half a year, Founder Securities has reduced its number of business departments by 4 again, and the number of employees has decreased by 182. Among them, the number of employees reduced in half a year is twice that of the whole year of 2023.