Hongye Futures Co.,Ltd.’s Net Profit Dropped 17.3% in First Quarter of 2023

Hongye Futures Co.,Ltd. (弘业期货股份有限公司) (001236.SZ) reported a net profit of 5.8 million yuan in the first quarter of 2023, down 17.3% year-on-year.

Meanwhile, the company posted 165.3 million yuan in revenue, down 21.4% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 7.8 billion yuan in total liabilities, with a liability-to-asset ratio of 80.9%.