Chongqing Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 9.6% in First Half of 2023

Chongqing Rural Commercial Bank Co.,Ltd. (重庆农村商业银行股份有限公司) (601077.SH) reported a net profit of 7.1 billion yuan in the first half of 2023, up 9.6% year-on-year.

Meanwhile, the company posted 14.9 billion yuan in revenue, down 3% year-on-year.

At the end of the reporting period, it had 1.4 trillion yuan in total assets and 1.3 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.7%.