China Merchants Securities Co.,Ltd.’s Net Profit Dropped 26.1% in First Three Quarters of 2022

China Merchants Securities Co.,Ltd. (招商证券股份有限公司) (600999.SH) reported a net profit of 6.3 billion yuan in the first three quarters of 2022, down 26.1% year-on-year.

Meanwhile, the company posted 15.3 billion yuan in revenue, down 29.8% year-on-year.

At the end of the reporting period, it had 582.6 billion yuan in total assets and 468.8 billion yuan in total liabilities, with a liability-to-asset ratio of 80.5%.