Wuxi Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 27% in First Half of 2022

Wuxi Rural Commercial Bank Co.,Ltd. (无锡农村商业银行股份有限公司) (600908.SH) reported a net profit of 1 billion yuan in the first half of 2022, up 27% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 6.7% year-on-year.

At the end of the reporting period, it had 208.4 billion yuan in total assets and 191.5 billion yuan in total liabilities, with a liability-to-asset ratio of 91.9%.