Jiangsu Zhangjiagang Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 28.4% in First Quarter of 2022

Jiangsu Zhangjiagang Rural Commercial Bank Co.,Ltd. (江苏张家港农村商业银行股份有限公司) (002839.SZ) reported a net profit of 440.1 million yuan in the first quarter of 2022, up 28.4% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 11.8% year-on-year.

At the end of the reporting period, it had 175.3 billion yuan in total assets and 160.2 billion yuan in total liabilities, with a liability-to-asset ratio of 91.4%.