Bank Of Hangzhou Co.,Ltd.’s Net Profit Rose 26.3% in First Half of 2023

Bank Of Hangzhou Co.,Ltd. (杭州银行股份有限公司) (600926.SH) reported a net profit of 8.3 billion yuan in the first half of 2023, up 26.3% year-on-year.

Meanwhile, the company posted 18.4 billion yuan in revenue, up 6.1% year-on-year.

At the end of the reporting period, it had 1.7 trillion yuan in total assets and 1.6 trillion yuan in total liabilities, with a liability-to-asset ratio of 94%.