Orient Securities Company Limited’s Net Profit Dropped 44% in 2022

Orient Securities Company Limited (东方证券股份有限公司) (600958.SH) reported a net profit of 3 billion yuan in 2022, down 44% year-on-year.

Meanwhile, the company posted 18.7 billion yuan in revenue, down 23.2% year-on-year.

At the end of the reporting period, it had 368.1 billion yuan in total assets and 290.7 billion yuan in total liabilities, with a liability-to-asset ratio of 79%.