Haitong Securities Company Limited’s Net Profit Dropped 55.4% in First Three Quarters of 2022

Haitong Securities Company Limited (海通证券股份有限公司) (600837.SH) reported a net profit of 5.7 billion yuan in the first three quarters of 2022, down 55.4% year-on-year.

Meanwhile, the company posted 18.9 billion yuan in revenue, down 45.6% year-on-year.

At the end of the reporting period, it had 742 billion yuan in total assets and 563.6 billion yuan in total liabilities, with a liability-to-asset ratio of 76%.