Caitong Securities Co.,Ltd.’s Net Profit Dropped 39.5% in First Half of 2022

Caitong Securities Co.,Ltd. (财通证券股份有限公司) (601108.SH) reported a net profit of 632.3 million yuan in the first half of 2022, down 39.5% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 30.2% year-on-year.

At the end of the reporting period, it had 106.6 billion yuan in total assets and 74.5 billion yuan in total liabilities, with a liability-to-asset ratio of 69.9%.