Industrial And Commercial Bank Of China Limited’s Net Profit Rose 0.8% in First Three Quarters of 2023

Industrial And Commercial Bank Of China Limited (中国工商银行股份有限公司) (601398.SH) reported a net profit of 269.9 billion yuan in the first three quarters of 2023, up 0.8% year-on-year.

Meanwhile, the company posted 651.3 billion yuan in revenue, down 3.5% year-on-year.

At the end of the reporting period, it had 44.5 trillion yuan in total assets and 40.8 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.7%.