China Everbright Bank Company Limited’s Net Profit Rose 5.2% in First Quarter of 2023

China Everbright Bank Company Limited (中国光大银行股份有限公司) (601818.SH) reported a net profit of 12.5 billion yuan in the first quarter of 2023, up 5.2% year-on-year.

Meanwhile, the company posted 38.2 billion yuan in revenue, down 1.6% year-on-year.

At the end of the reporting period, it had 6.7 trillion yuan in total assets and 6.2 trillion yuan in total liabilities, with a liability-to-asset ratio of 92%.