Wuxi Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 20.8% in First Half of 2023

Wuxi Rural Commercial Bank Co.,Ltd. (无锡农村商业银行股份有限公司) (600908.SH) reported a net profit of 1.2 billion yuan in the first half of 2023, up 20.8% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 227.3 billion yuan in total assets and 206.4 billion yuan in total liabilities, with a liability-to-asset ratio of 90.8%.