Shanghai Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 18.2% in First Half of 2023

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 7.2 billion yuan in the first half of 2023, up 18.2% year-on-year.

Meanwhile, the company posted 13.9 billion yuan in revenue, up 7.9% year-on-year.

At the end of the reporting period, it had 1.4 trillion yuan in total assets and 1.2 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.9%.