Chinalin Securities Co.,Ltd.’s Net Profit Dropped 64% in First Half of 2023

Chinalin Securities Co.,Ltd. (华林证券股份有限公司) (002945.SZ) reported a net profit of 103.2 million yuan in the first half of 2023, down 64% year-on-year.

Meanwhile, the company posted 469.7 million yuan in revenue, down 30.5% year-on-year.

At the end of the reporting period, it had 26.2 billion yuan in total assets and 19.6 billion yuan in total liabilities, with a liability-to-asset ratio of 74.9%.