China Merchants Securities Co.,Ltd.’s Net Profit Rose 10% in First Half of 2023

China Merchants Securities Co.,Ltd. (招商证券股份有限公司) (600999.SH) reported a net profit of 4.7 billion yuan in the first half of 2023, up 10% year-on-year.

Meanwhile, the company posted 10.8 billion yuan in revenue, up 1.6% year-on-year.

At the end of the reporting period, it had 627.6 billion yuan in total assets and 509.3 billion yuan in total liabilities, with a liability-to-asset ratio of 81.2%.