Northeast Securities Co.,Ltd. Posted 219.9 Million Yuan Net Loss in First Quarter of 2022

Northeast Securities Co.,Ltd. (东北证券股份有限公司) (000686.SZ) reported a net loss of 219.9 million yuan in the first quarter of 2022, reversing a net profit of 329.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 799.1 million yuan in revenue, down 38.4% year-on-year.

At the end of the reporting period, it had 80.9 billion yuan in total assets and 62.5 billion yuan in total liabilities, with a liability-to-asset ratio of 77.2%.