Wuxi Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 24.4% in 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 2 billion yuan in 2022, up 24.4% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, up 3% year-on-year.

At the end of the reporting period, it had 211.6 billion yuan in total assets and 192.1 billion yuan in total liabilities, with a liability-to-asset ratio of 90.8%.