China Industrial Securities Co.,Ltd.’s Net Profit Dropped 49.1% in First Three Quarters of 2022

China Industrial Securities Co.,Ltd. (兴业证券股份有限公司) (601377.SH) reported a net profit of 2.3 billion yuan in the first three quarters of 2022, down 49.1% year-on-year.

Meanwhile, the company posted 7.2 billion yuan in revenue, down 48% year-on-year.

At the end of the reporting period, it had 253.6 billion yuan in total assets and 195.6 billion yuan in total liabilities, with a liability-to-asset ratio of 77.1%.