东方财富(300059) - 2016 Q2 - 季度业绩预告

Financial Performance - The estimated net profit attributable to shareholders for the first half of 2016 is expected to be between 28 million and 38 million RMB, representing a year-on-year decline of 73.13% to 63.53%[3]. - The total operating revenue is expected to show a significant year-on-year decrease due to a substantial decline in third-party fund sales and increased sales and management expenses[4]. - Non-recurring gains and losses are expected to impact the net profit attributable to shareholders by approximately 59.59 million RMB, with government subsidies received totaling 69.70 million RMB[6]. - The financial performance forecast has not been audited by registered accountants, and detailed data will be disclosed in the company's half-year report[6]. Revenue Sources - Financial data service and internet advertising service revenues experienced stable year-on-year growth during the reporting period[4]. - The company has proactively reduced the subscription fee rates for third-party fund sales as part of its long-term strategic approach[4]. Market Impact - The company reported significant fair value losses on proprietary equity securities held by its subsidiary, Oriental Fortune Securities, due to market volatility[5].