Chongqing Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 11.2% in First Quarter of 2022

Chongqing Rural Commercial Bank Co.,Ltd. (重庆农村商业银行股份有限公司) (601077.SH) reported a net profit of 3.7 billion yuan in the first quarter of 2022, up 11.2% year-on-year.

Meanwhile, the company posted 7.6 billion yuan in revenue, up 1.3% year-on-year.

At the end of the reporting period, it had 1.3 trillion yuan in total assets and 1.2 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.7%.