Huaan Securities Co.,Ltd.’s Net Profit Dropped 48.4% in First Quarter of 2022

Huaan Securities Co.,Ltd. (华安证券股份有限公司) (600909.SH) reported a net profit of 89.1 million yuan in the first quarter of 2022, down 48.4% year-on-year.

Meanwhile, the company posted 523.2 million yuan in revenue, down 15.1% year-on-year.

At the end of the reporting period, it had 75.6 billion yuan in total assets and 55.9 billion yuan in total liabilities, with a liability-to-asset ratio of 73.9%.