Orient Securities Company Limited’s Net Profit Rose 525.9% in First Quarter of 2023

Orient Securities Company Limited (东方证券股份有限公司) (600958.SH) reported a net profit of 1.4 billion yuan in the first quarter of 2023, up 525.9% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, up 41.9% year-on-year.

At the end of the reporting period, it had 353.7 billion yuan in total assets and 274.5 billion yuan in total liabilities, with a liability-to-asset ratio of 77.6%.