Haitong Securities Company Limited’s Net Profit Rose 74.2% in First Quarter of 2023

Haitong Securities Company Limited (海通证券股份有限公司) (600837.SH) reported a net profit of 2.6 billion yuan in the first quarter of 2023, up 74.2% year-on-year.

Meanwhile, the company posted 8.5 billion yuan in revenue, up 106.2% year-on-year.

At the end of the reporting period, it had 775.4 billion yuan in total assets and 594 billion yuan in total liabilities, with a liability-to-asset ratio of 76.6%.