Founder Securities Co.,Ltd.’s Net Profit Dropped 4.1% in First Three Quarters of 2023

Founder Securities Co.,Ltd. (方正证券股份有限公司) (601901.SH) reported a net profit of 1.9 billion yuan in the first three quarters of 2023, down 4.1% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, down 4% year-on-year.

At the end of the reporting period, it had 206.7 billion yuan in total assets and 161 billion yuan in total liabilities, with a liability-to-asset ratio of 77.9%.