Citic Securities Company Limited’s Net Profit Dropped 7.6% in 2022

Citic Securities Company Limited (中信证券股份有限公司) (600030.SH) reported a net profit of 22.2 billion yuan in 2022, down 7.6% year-on-year.

Meanwhile, the company posted 65.1 billion yuan in revenue, down 14.9% year-on-year.

At the end of the reporting period, it had 1.3 trillion yuan in total assets and 1 trillion yuan in total liabilities, with a liability-to-asset ratio of 80.3%.