Haitong Securities Company Limited’s Net Profit Dropped 12.1% in First Half of 2023

Haitong Securities Company Limited (海通证券股份有限公司) (600837.SH) reported a net profit of 3.9 billion yuan in the first half of 2023, down 12.1% year-on-year.

Meanwhile, the company posted 17 billion yuan in revenue, up 40.2% year-on-year.

At the end of the reporting period, it had 762.4 billion yuan in total assets and 582.5 billion yuan in total liabilities, with a liability-to-asset ratio of 76.4%.