Southwest Securities Co.,Ltd.’s Net Profit Dropped 77.9% in First Half of 2022

Southwest Securities Co.,Ltd. (西南证券股份有限公司) (600369.SH) reported a net profit of 151.8 million yuan in the first half of 2022, down 77.9% year-on-year.

Meanwhile, the company posted 883.1 million yuan in revenue, down 54.9% year-on-year.

At the end of the reporting period, it had 87 billion yuan in total assets and 62.1 billion yuan in total liabilities, with a liability-to-asset ratio of 71.4%.