[ET Net News Agency, 14 February 2018] HTSC (06886) said its preliminary net profit
attributable to shareholders for 2017 rose 49.17% year-on-year to Rmb9.35 billion.
Basic earnings per share were Rmb1.31.
Total operating income amounted to Rmb21.08 billion, an increase of 24.64% from a year
earlier.
The increase in net profit was mainly due to the substantial change in non-operating
profit and loss as a result of the change in accounting treatment of equity investment in
Bank of Jiangsu Co., Ltd. made by the company, which resulted in an expected increase in
the net profit in 2017 of around Rmb2.153 billion. (HL)