CITIC Limited (CTPCY) Earnings

CITIC Ltd. is an investment holding company, which engages in finance, energy, engineering, manufacturing, and real estate businesses. The company is headquartered in Beijing, Beijing and currently employs 190,763 full-time employees. The firm operates through five segments. The Comprehensive Financial Services segment is mainly engaged in comprehensive financial services such as banking, securities, trust, insurance and asset management. The Advanced Intelligent Manufacturing segment is mainly engaged in the production of heavy machinery, special robots, aluminum wheels and aluminum castings. The Advanced Materials segment is mainly engaged in the mining, processing and trading of resources such as iron ore, copper and crude oil, as well as the production of special steel. The New Consumption division is mainly engaged in automobile, food consumption, modern agriculture and other businesses. The New-type Urbanization segment is mainly engaged in real estate development and sales and engineering contracting and design and other businesses.