Haitong Securities Company Limited’s Net Profit Dropped 20.7% in First Three Quarters of 2023

Haitong Securities Company Limited (海通证券股份有限公司) (600837.SH) reported a net profit of 4.5 billion yuan in the first three quarters of 2023, down 20.7% year-on-year.

Meanwhile, the company posted 22.6 billion yuan in revenue, up 19.2% year-on-year.

At the end of the reporting period, it had 736.2 billion yuan in total assets and 555.9 billion yuan in total liabilities, with a liability-to-asset ratio of 75.5%.