Jiangsu Changshu Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 21% in First Half of 2023

Jiangsu Changshu Rural Commercial Bank Co.,Ltd. (江苏常熟农村商业银行股份有限公司) (601128.SH) reported a net profit of 1.6 billion yuan in the first half of 2023, up 21% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 12.4% year-on-year.

At the end of the reporting period, it had 317.8 billion yuan in total assets and 292.6 billion yuan in total liabilities, with a liability-to-asset ratio of 92.1%.