Shanghai Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 14.9% in First Three Quarters of 2023

Shanghai Rural Commercial Bank Co.,Ltd. (上海农村商业银行股份有限公司) (601825.SH) reported a net profit of 10.7 billion yuan in the first three quarters of 2023, up 14.9% year-on-year.

Meanwhile, the company posted 20.4 billion yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 1.4 trillion yuan in total assets and 1.3 trillion yuan in total liabilities, with a liability-to-asset ratio of 91.7%.