Tianfeng Securities Co.,Ltd. Posted 1.5 Billion Yuan Net Loss in 2022

Tianfeng Securities Co.,Ltd. (天风证券股份有限公司) (601162.SH) reported a net loss of 1.5 billion yuan in 2022, reversing a net profit of 597.6 million yuan for the previous year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 60.9% year-on-year.

At the end of the reporting period, it had 98.2 billion yuan in total assets and 74.4 billion yuan in total liabilities, with a liability-to-asset ratio of 75.7%.