Tianfeng Securities Co.,Ltd.’s Net Profit Dropped 84.3% in First Half of 2022

Tianfeng Securities Co.,Ltd. (天风证券股份有限公司) (601162.SH) reported a net profit of 62.3 million yuan in the first half of 2022, down 84.3% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 30.5% year-on-year.

At the end of the reporting period, it had 99.3 billion yuan in total assets and 73.6 billion yuan in total liabilities, with a liability-to-asset ratio of 74.1%.