Haitong Securities Company Limited’s Net Profit Dropped 49.8% in First Half of 2022

Haitong Securities Company Limited (海通证券股份有限公司) (600837.SH) reported a net profit of 4.5 billion yuan in the first half of 2022, down 49.8% year-on-year.

Meanwhile, the company posted 12.1 billion yuan in revenue, down 48.4% year-on-year.

At the end of the reporting period, it had 749.6 billion yuan in total assets and 572.1 billion yuan in total liabilities, with a liability-to-asset ratio of 76.3%.