Changjiang Securities Co.,Ltd.’s Net Profit Dropped 92.9% in First Quarter of 2022

Changjiang Securities Co.,Ltd. (长江证券股份有限公司) (000783.SZ) reported a net profit of 49.8 million yuan in the first quarter of 2022, down 92.9% year-on-year.
Meanwhile, the company posted 843.4 million yuan in revenue, down 57.1% year-on-year.
At the end of the reporting period, it had 170.1 billion yuan in total assets and 139.1 billion yuan in total liabilities, with a liability-to-asset ratio of 81.8%.
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