China Merchants Bank Co.,Ltd.’s Net Profit Rose 9.2% in First Half of 2023

China Merchants Bank Co.,Ltd. (招商银行股份有限公司) (600036.SH) reported a net profit of 76.4 billion yuan in the first half of 2023, up 9.2% year-on-year.

Meanwhile, the company posted 178.5 billion yuan in revenue, down 0.4% year-on-year.

At the end of the reporting period, it had 10.7 trillion yuan in total assets and 9.8 trillion yuan in total liabilities, with a liability-to-asset ratio of 90.8%.