Western Securities Co.,Ltd. Posted 366.3 Million Yuan Net Profit in First Quarter of 2023

Western Securities Co.,Ltd. (西部证券股份有限公司) (002673.SZ) reported a net profit of 366.3 million yuan in the first quarter of 2023, reversing a net loss of 9.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 81.6% year-on-year.

At the end of the reporting period, it had 97.5 billion yuan in total assets and 69.9 billion yuan in total liabilities, with a liability-to-asset ratio of 71.8%.