Guoyuan Securities Company Limited Posted 119.9 Million Yuan Net Loss in First Quarter of 2022

Guoyuan Securities Company Limited (国元证券股份有限公司) (000728.SZ) reported a net loss of 119.9 million yuan in the first quarter of 2022, reversing a net profit of 333.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 583.5 million yuan in revenue, down 36.7% year-on-year.

At the end of the reporting period, it had 125.4 billion yuan in total assets and 93.5 billion yuan in total liabilities, with a liability-to-asset ratio of 74.5%.