Qingdao Rural Commercial Bank Corporation’s Net Profit Rose 1.6% in First Three Quarters 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 2.8 billion yuan in the first three quarters of 2022, up 1.6% year-on-year.

Meanwhile, the company posted 8 billion yuan in revenue, down 4.9% year-on-year.

At the end of the reporting period, it had 436.1 billion yuan in total assets and 399 billion yuan in total liabilities, with a liability-to-asset ratio of 91.5%.