Jiangsu Zijin Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 5.5% in First Quarter of 2023

Jiangsu Zijin Rural Commercial Bank Co.,Ltd. (江苏紫金农村商业银行股份有限公司) (601860.SH) reported a net profit of 384.6 million yuan in the first quarter of 2023, up 5.5% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 1.5% year-on-year.

At the end of the reporting period, it had 255.3 billion yuan in total assets and 237.8 billion yuan in total liabilities, with a liability-to-asset ratio of 93.2%.