Shanghai Pudong Development Bank Co.,Ltd.’s Net Profit Dropped 3.3% in 2022

Shanghai Pudong Development Bank Co.,Ltd. (上海浦东发展银行股份有限公司) (600000.SH) reported a net profit of 52 billion yuan in 2022, down 3.3% year-on-year.

Meanwhile, the company posted 188.6 billion yuan in revenue, down 1.2% year-on-year.

At the end of the reporting period, it had 8.7 trillion yuan in total assets and 8 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.9%.