Northeast Securities Co.,Ltd. Posted 388 Million Yuan Net Profit in First Quarter of 2023

Northeast Securities Co.,Ltd. (东北证券股份有限公司) (000686.SZ) reported a net profit of 388 million yuan in the first quarter of 2023, reversing a net loss of 219.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 130.7% year-on-year.

At the end of the reporting period, it had 83.7 billion yuan in total assets and 64.7 billion yuan in total liabilities, with a liability-to-asset ratio of 77.3%.