Apr 29, 2023 08:00 AM

Shanghai Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 13.4% in 2022

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Shanghai Rural Commercial Bank Co.,Ltd. (上海农村商业银行股份有限公司) (601825.SH) reported a net profit of 11.4 billion yuan in 2022, up 13.4% year-on-year.

Meanwhile, the company posted 25.6 billion yuan in revenue, up 6.1% year-on-year.

At the end of the reporting period, it had 1.3 trillion yuan in total assets and 1.2 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.8%.

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