Agricultural Bank Of China Company Limited’s Net Profit Rose 2.8% in First Quarter of 2023

Agricultural Bank Of China Company Limited (中国农业银行股份有限公司) (601288.SH) reported a net profit of 72.1 billion yuan in the first quarter of 2023, up 2.8% year-on-year.

Meanwhile, the company posted 189.4 billion yuan in revenue, up 2.2% year-on-year.

At the end of the reporting period, it had 36.8 trillion yuan in total assets and 34.1 trillion yuan in total liabilities, with a liability-to-asset ratio of 92.6%.