Industrial And Commercial Bank Of China Limited’s Net Profit Rose 4.9% in First Half of 2022

Industrial And Commercial Bank Of China Limited (中国工商银行股份有限公司) (601398.SH) reported a net profit of 172.6 billion yuan in the first half of 2022, up 4.9% year-on-year.

Meanwhile, the company posted 487.3 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 38.7 trillion yuan in total assets and 35.4 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.4%.