Everbright's stock earnings slumped in 2013

The net profit of Everbright Securities' stockholders was as much as 212 million yuan ($35 million) in 2013, down 78.79 percent year-on-year with earnings per share dropping to 0.0622 yuan, according to the company's performance forecast released on Wednesday.

Everbright Securities earned total sales revenue of 4.06 billion yuan in 2013, up 11.3 percent year-on-year. Its total profit was 504 million yuan, down 62.89 percent. The company's total assets are now worth some 53 billion yuan, down 9.07 percent.

Affected by the "fat finger" incident that occurred on Aug 16, 2013, Everbright Securities sold some of its securities assets, which resulted in a slump of investment profits, the company explained.

The strategic investment department of Everbright Securities mistakenly sent huge buy orders valued at 23.4 billion yuan on Aug 16, lifting the benchmark Shanghai Composite Index 5.96 percent in three minutes.