Soochow Securities Co.,Ltd.’s Net Profit Rose 406.1% in First Quarter of 2023

Soochow Securities Co.,Ltd. (东吴证券股份有限公司) (601555.SH) reported a net profit of 583.9 million yuan in the first quarter of 2023, up 406.1% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 68.4% year-on-year.

At the end of the reporting period, it had 174.1 billion yuan in total assets and 134.3 billion yuan in total liabilities, with a liability-to-asset ratio of 77.2%.