Western Securities Co.,Ltd.’s Net Profit Dropped 47.9% in First Three Quarters of 2022

Western Securities Co.,Ltd. (西部证券股份有限公司) (002673.SZ) reported a net profit of 522.5 million yuan in the first three quarters of 2022, down 47.9% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, down 8.9% year-on-year.

At the end of the reporting period, it had 95.9 billion yuan in total assets and 68.6 billion yuan in total liabilities, with a liability-to-asset ratio of 71.6%.