May 05, 2023 08:00 AM

Southwest Securities Co.,Ltd.’s Net Profit Dropped 70.2% in 2022

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Southwest Securities Co.,Ltd. (西南证券股份有限公司) (600369.SH) reported a net profit of 305.7 million yuan in 2022, down 70.2% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 42.3% year-on-year.

At the end of the reporting period, it had 81 billion yuan in total assets and 56.1 billion yuan in total liabilities, with a liability-to-asset ratio of 69.2%.

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