China Citic Bank Corporation Limited’s Net Profit Rose 11.7% in 2022

China Citic Bank Corporation Limited (中信银行股份有限公司) (601998.SH) reported a net profit of 63 billion yuan in 2022, up 11.7% year-on-year.

Meanwhile, the company posted 211.4 billion yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 8.5 trillion yuan in total assets and 7.9 trillion yuan in total liabilities, with a liability-to-asset ratio of 92%.