Shanghai Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 14.3% in First Half of 2022

Shanghai Rural Commercial Bank Co.,Ltd. (上海农村商业银行股份有限公司) (601825.SH) reported a net profit of 6.1 billion yuan in the first half of 2022, up 14.3% year-on-year.

Meanwhile, the company posted 12.9 billion yuan in revenue, up 7% year-on-year.

At the end of the reporting period, it had 1.2 trillion yuan in total assets and 1.1 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.6%.