Jiangsu Jiangyin Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 12.9% in First Quarter of 2023

Jiangsu Jiangyin Rural Commercial Bank Co.,Ltd. (江苏江阴农村商业银行股份有限公司) (002807.SZ) reported a net profit of 310.6 million yuan in the first quarter of 2023, up 12.9% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 4% year-on-year.

At the end of the reporting period, it had 176.2 billion yuan in total assets and 161.4 billion yuan in total liabilities, with a liability-to-asset ratio of 91.6%.