Caitong Securities Co.,Ltd.’s Net Profit Dropped 32.4% in First Three Quarters of 2022

Caitong Securities Co.,Ltd. (财通证券股份有限公司) (601108.SH) reported a net profit of 1.1 billion yuan in the first three quarters of 2022, down 32.4% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, down 23.1% year-on-year.

At the end of the reporting period, it had 110.3 billion yuan in total assets and 77.6 billion yuan in total liabilities, with a liability-to-asset ratio of 70.4%.