Orient Securities Company Limited’s Net Profit Dropped 80.6% in First Quarter of 2022

Orient Securities Company Limited (东方证券股份有限公司) (600958.SH) reported a net profit of 228.2 million yuan in the first quarter of 2022, down 80.6% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, down 39.8% year-on-year.

At the end of the reporting period, it had 315.2 billion yuan in total assets and 250 billion yuan in total liabilities, with a liability-to-asset ratio of 79.3%.