China Merchants Bank Co.,Ltd.’s Net Profit Rose 6.5% in First Three Quarters of 2023

China Merchants Bank Co.,Ltd. (招商银行股份有限公司) (600036.SH) reported a net profit of 115 billion yuan in the first three quarters of 2023, up 6.5% year-on-year.

Meanwhile, the company posted 260.3 billion yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 10.7 trillion yuan in total assets and 9.6 trillion yuan in total liabilities, with a liability-to-asset ratio of 90.4%.