Southwest Securities Co.,Ltd.’s Net Profit Dropped 80.2% in First Three Quarters of 2022

Southwest Securities Co.,Ltd. (西南证券股份有限公司) (600369.SH) reported a net profit of 176.7 million yuan in the first three quarters of 2022, down 80.2% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 53.4% year-on-year.

At the end of the reporting period, it had 82.7 billion yuan in total assets and 57.9 billion yuan in total liabilities, with a liability-to-asset ratio of 69.9%.