Orient Securities Company Limited’s Net Profit Dropped 76% in First Half of 2022

Orient Securities Company Limited (东方证券股份有限公司) (600958.SH) reported a net profit of 647.2 million yuan in the first half of 2022, down 76% year-on-year.

Meanwhile, the company posted 7.3 billion yuan in revenue, down 45% year-on-year.

At the end of the reporting period, it had 355.5 billion yuan in total assets and 279.7 billion yuan in total liabilities, with a liability-to-asset ratio of 78.7%.