[Cinda Securities: Net profit in the first three quarters fell 4.83% year-on-year] On October 18, Cinda Securities (601059.SH) announced that it achieved operating income of 3.305 billion yuan in the first three quarters, a year-on-year increase of 9.48%; net profit attributable to shareholders of listed companies was 1.288 billion yuan, a year-on-year decrease of 4.83%. Operating income in the third quarter was 870 million yuan, a year-on-year decrease of 11.37%; net profit attributable to shareholders of listed companies was 191 million yuan, a year-on-year decrease of 42.03%. The change in net profit was mainly due to the increase in income tax expenses for the current period, which resulted in a decrease in net profit. Xiaocai Note: The company’s Q3 net profit was 191 million and Q2 net profit was 645 million. Based on this calculation, Q3 net profit dropped 70% from the previous quarter.