May 05, 2023 08:00 AM

Bank Of Changsha Co.,Ltd.’s Net Profit Rose 10.9% in First Quarter of 2023

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Bank Of Changsha Co.,Ltd. (长沙银行股份有限公司) (601577.SH) reported a net profit of 2.1 billion yuan in the first quarter of 2023, up 10.9% year-on-year.

Meanwhile, the company posted 6.1 billion yuan in revenue, up 12.9% year-on-year.

At the end of the reporting period, it had 1 trillion yuan in total assets and 890.3 billion yuan in total liabilities, with a liability-to-asset ratio of 93.3%.

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