China Citic Bank Corporation Limited’s Net Profit Rose 11.7% in First Half of 2022

China Citic Bank Corporation Limited (中信银行股份有限公司) (601998.SH) reported a net profit of 32.9 billion yuan in the first half of 2022, up 11.7% year-on-year.

Meanwhile, the company posted 108.4 billion yuan in revenue, up 2.7% year-on-year.

At the end of the reporting period, it had 8.3 trillion yuan in total assets and 7.6 trillion yuan in total liabilities, with a liability-to-asset ratio of 92%.