Founder Securities Co.,Ltd.’s Net Profit Rose 26.2% in First Quarter of 2023

Founder Securities Co.,Ltd. (方正证券股份有限公司) (601901.SH) reported a net profit of 583.7 million yuan in the first quarter of 2023, up 26.2% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 6.3% year-on-year.

At the end of the reporting period, it had 193.6 billion yuan in total assets and 149.1 billion yuan in total liabilities, with a liability-to-asset ratio of 77%.