Southwest Securities Co.,Ltd. Posted 226.3 Million Yuan Net Profit in First Quarter of 2023

Southwest Securities Co.,Ltd. (西南证券股份有限公司) (600369.SH) reported a net profit of 226.3 million yuan in the first quarter of 2023, reversing a net loss of 148 million yuan for the same period in the previous year.

Meanwhile, the company posted 737.7 million yuan in revenue, up 1795.8% year-on-year.

At the end of the reporting period, it had 86.5 billion yuan in total assets and 61.3 billion yuan in total liabilities, with a liability-to-asset ratio of 70.9%.