Gf Securities Co.,Ltd.’s Net Profit Dropped 43.8% in First Quarter of 2022

Gf Securities Co.,Ltd. (广发证券股份有限公司) (000776.SZ) reported a net profit of 1.6 billion yuan in the first quarter of 2022, down 43.8% year-on-year.

Meanwhile, the company posted 4.8 billion yuan in revenue, down 42.6% year-on-year.

At the end of the reporting period, it had 554.7 billion yuan in total assets and 442.6 billion yuan in total liabilities, with a liability-to-asset ratio of 79.8%.