Founder Securities Co.,Ltd.’s Net Profit Dropped 3.5% in First Half of 2023

Founder Securities Co.,Ltd. (方正证券股份有限公司) (601901.SH) reported a net profit of 1.4 billion yuan in the first half of 2023, down 3.5% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, down 0.5% year-on-year.

At the end of the reporting period, it had 207 billion yuan in total assets and 161.6 billion yuan in total liabilities, with a liability-to-asset ratio of 78.1%.