China Galaxy Securities Co.,Ltd.’s Net Profit Dropped 22.3% in First Quarter of 2022

China Galaxy Securities Co.,Ltd. (中国银河证券股份有限公司) (601881.SH) reported a net profit of 1.6 billion yuan in the first quarter of 2022, down 22.3% year-on-year.

Meanwhile, the company posted 7.3 billion yuan in revenue, down 3.2% year-on-year.

At the end of the reporting period, it had 577.3 billion yuan in total assets and 475.8 billion yuan in total liabilities, with a liability-to-asset ratio of 82.4%.