Western Securities Co.,Ltd.’s Net Profit Dropped 67.9% in 2022

Western Securities Co.,Ltd. (西部证券股份有限公司) (002673.SZ) reported a net profit of 457.9 million yuan in 2022, down 67.9% year-on-year.

Meanwhile, the company posted 5.3 billion yuan in revenue, down 21.4% year-on-year.

At the end of the reporting period, it had 95.7 billion yuan in total assets and 68.5 billion yuan in total liabilities, with a liability-to-asset ratio of 71.6%.