Industrial And Commercial Bank Of China Limited’s Net Profit Rose 3.1% in 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 361 billion yuan in 2022, up 3.1% year-on-year.

Meanwhile, the company posted 918 billion yuan in revenue, down 2.6% year-on-year.

At the end of the reporting period, it had 39.6 trillion yuan in total assets and 36.1 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.1%.