Agricultural Bank Of China Company Limited’s Net Profit Rose 6.7% in First Quarter of 2022

Agricultural Bank Of China Company Limited (中国农业银行股份有限公司) (601288.SH) reported a net profit of 70.6 billion yuan in the first quarter of 2022, up 6.7% year-on-year.

Meanwhile, the company posted 205.9 billion yuan in revenue, up 5.9% year-on-year.

At the end of the reporting period, it had 30.9 trillion yuan in total assets and 28.4 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.8%.