Zheshang Securities Co.,Ltd.’s Net Profit Rose 56.5% in First Quarter of 2023

Zheshang Securities Co.,Ltd. (浙商证券股份有限公司) (601878.SH) reported a net profit of 506 million yuan in the first quarter of 2023, up 56.5% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 57.4% year-on-year.

At the end of the reporting period, it had 150.9 billion yuan in total assets and 123.1 billion yuan in total liabilities, with a liability-to-asset ratio of 81.6%.