Qingdao Rural Commercial Bank Corporation’s Net Profit Rose 9.3% in First Half of 2023

Qingdao Rural Commercial Bank Corporation (青岛农村商业银行股份有限公司(简称:青岛农商银行)) (002958.SZ) reported a net profit of 1.9 billion yuan in the first half of 2023, up 9.3% year-on-year.

Meanwhile, the company posted 5.6 billion yuan in revenue, up 4.9% year-on-year.

At the end of the reporting period, it had 465 billion yuan in total assets and 426.7 billion yuan in total liabilities, with a liability-to-asset ratio of 91.8%.