Jiangsu Changshu Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 25% in 2022

Jiangsu Changshu Rural Commercial Bank Co.,Ltd. (江苏常熟农村商业银行股份有限公司) (601128.SH) reported a net profit of 2.9 billion yuan in 2022, up 25% year-on-year.

Meanwhile, the company posted 8.8 billion yuan in revenue, up 15.1% year-on-year.

At the end of the reporting period, it had 287.9 billion yuan in total assets and 263.8 billion yuan in total liabilities, with a liability-to-asset ratio of 91.6%.