Qingdao Rural Commercial Bank Corporation’s Net Profit Rose 3.8% in First Half of 2022

Qingdao Rural Commercial Bank Corporation (青岛农村商业银行股份有限公司(简称:青岛农商银行)) (002958.SZ) reported a net profit of 1.7 billion yuan in the first half of 2022, up 3.8% year-on-year.

Meanwhile, the company posted 5.3 billion yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 444.2 billion yuan in total assets and 408.1 billion yuan in total liabilities, with a liability-to-asset ratio of 91.9%.