Zhongtai Securities Co.,Ltd.’s Net Profit Dropped 62.1% in First Quarter of 2022

Zhongtai Securities Co.,Ltd. (中泰证券股份有限公司) (600918.SH) reported a net profit of 258.9 million yuan in the first quarter of 2022, down 62.1% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 24.4% year-on-year.

At the end of the reporting period, it had 206.1 billion yuan in total assets and 169 billion yuan in total liabilities, with a liability-to-asset ratio of 82%.