Qingdao Rural Commercial Bank Corporation’s Net Profit Rose 9.6% in First Three Quarters 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 3.1 billion yuan in the first three quarters of 2023, up 9.6% year-on-year.

Meanwhile, the company posted 8.2 billion yuan in revenue, up 2.6% year-on-year.

At the end of the reporting period, it had 467.6 billion yuan in total assets and 428.2 billion yuan in total liabilities, with a liability-to-asset ratio of 91.6%.