Huatai Securities Co.,Ltd.’s Net Profit Dropped 31.6% in First Quarter of 2022

Huatai Securities Co.,Ltd. (华泰证券股份有限公司) (601688.SH) reported a net profit of 2.3 billion yuan in the first quarter of 2022, down 31.6% year-on-year.

Meanwhile, the company posted 7.2 billion yuan in revenue, down 17.6% year-on-year.

At the end of the reporting period, it had 833.5 billion yuan in total assets and 676.5 billion yuan in total liabilities, with a liability-to-asset ratio of 81.2%.