Everbright Securities Company Limited’s Net Profit Dropped 5% in First Quarter of 2022

Everbright Securities Company Limited (光大证券股份有限公司) (601788.SH) reported a net profit of 683.1 million yuan in the first quarter of 2022, down 5% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 34.4% year-on-year.

At the end of the reporting period, it had 249.2 billion yuan in total assets and 185.4 billion yuan in total liabilities, with a liability-to-asset ratio of 74.4%.