China Merchants Securities Co.,Ltd.’s Net Profit Dropped 25.3% in First Half of 2022

China Merchants Securities Co.,Ltd. (招商证券股份有限公司) (600999.SH) reported a net profit of 4.3 billion yuan in the first half of 2022, down 25.3% year-on-year.

Meanwhile, the company posted 10.6 billion yuan in revenue, down 25.9% year-on-year.

At the end of the reporting period, it had 601.1 billion yuan in total assets and 489.6 billion yuan in total liabilities, with a liability-to-asset ratio of 81.5%.