CBHB Reports First-Half Net Profit of 4.151 Billion Yuan, Up 8.37% Year-on-Year
Deep News
Aug 28
On August 28, financial frontline news reported that CBHB released its interim results today. Data shows that as of the end of the reporting period, the bank's total assets reached 2,028.161 billion yuan, an increase of 4.85% compared to the end of the previous year, crossing the 2-trillion-yuan threshold.
The bank achieved a net profit of 4.151 billion yuan, a year-on-year increase of 8.37%. Its annualized weighted average return on net assets stood at 7.75%, up 0.10 percentage points year-on-year.
Additionally, the deposit interest payment rate decreased by 37 basis points year-on-year, reflecting significant progress in cost reduction and efficiency enhancement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.