Jiangsu Changshu Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 19.1% in First Half of 2022

Jiangsu Changshu Rural Commercial Bank Co.,Ltd. (江苏常熟农村商业银行股份有限公司) (601128.SH) reported a net profit of 1.3 billion yuan in the first half of 2022, up 19.1% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, up 18.9% year-on-year.

At the end of the reporting period, it had 274.9 billion yuan in total assets and 252.8 billion yuan in total liabilities, with a liability-to-asset ratio of 92%.