Haitong Securities Company Limited’s Net Profit Dropped 62.2% in 2022

Haitong Securities Company Limited (海通证券股份有限公司) (600837.SH) reported a net profit of 5.2 billion yuan in 2022, down 62.2% year-on-year.

Meanwhile, the company posted 25.9 billion yuan in revenue, down 39.9% year-on-year.

At the end of the reporting period, it had 753.6 billion yuan in total assets and 576 billion yuan in total liabilities, with a liability-to-asset ratio of 76.4%.