The Pacific Securities Co.,Ltd. Posted 463.4 Million Yuan Net Loss in 2022

The Pacific Securities Co.,Ltd. (太平洋证券股份有限公司) (601099.SH) reported a net loss of 463.4 million yuan in 2022, reversing a net profit of 133.8 million yuan for the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 28.1% year-on-year.

At the end of the reporting period, it had 15.3 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.7%.