China Citic Bank Corporation Limited’s Net Profit Rose 11.5% in First Half of 2023

China Citic Bank Corporation Limited (中信银行股份有限公司) (601998.SH) reported a net profit of 36.7 billion yuan in the first half of 2023, up 11.5% year-on-year.

Meanwhile, the company posted 106.2 billion yuan in revenue, down 2% year-on-year.

At the end of the reporting period, it had 8.8 trillion yuan in total assets and 8.1 trillion yuan in total liabilities, with a liability-to-asset ratio of 92%.