China Industrial Securities Co.,Ltd.’s Net Profit Dropped 42.9% in 2022

China Industrial Securities Co.,Ltd. (兴业证券股份有限公司) (601377.SH) reported a net profit of 3.3 billion yuan in 2022, down 42.9% year-on-year.

Meanwhile, the company posted 10.7 billion yuan in revenue, down 43.8% year-on-year.

At the end of the reporting period, it had 245.9 billion yuan in total assets and 189 billion yuan in total liabilities, with a liability-to-asset ratio of 76.9%.