Postal Savings Bank Of China Co.,Ltd.’s Net Profit Rose 11.5% in 2022

Postal Savings Bank Of China Co.,Ltd. (中国邮政储蓄银行股份有限公司) (601658.SH) reported a net profit of 85.4 billion yuan in 2022, up 11.5% year-on-year.

Meanwhile, the company posted 335 billion yuan in revenue, up 5.1% year-on-year.

At the end of the reporting period, it had 14.1 trillion yuan in total assets and 13.2 trillion yuan in total liabilities, with a liability-to-asset ratio of 94.1%.