The Zhitong Finance App learned that, according to a research report, Bank of China Hong Kong (02388.HK) announced third-quarter results. Revenue for the first three quarters of this year increased 2.3% year on year, profit before tax increased 3.7% year on year, and profit after tax increased 9% year on year; revenue for the third quarter increased 9% year on year, and profit before tax increased 13% year on year. The results were in line with this forecast. The bank maintained its target price of HK$60.1 and the “outperforming the industry” rating.

Zhitongcaijing · 1d ago
The Zhitong Finance App learned that, according to a research report, Bank of China Hong Kong (02388.HK) announced third-quarter results. Revenue for the first three quarters of this year increased 2.3% year on year, profit before tax increased 3.7% year on year, and profit after tax increased 9% year on year; revenue for the third quarter increased 9% year on year, and profit before tax increased 13% year on year. The results were in line with this forecast. The bank maintained its target price of HK$60.1 and the “outperforming the industry” rating.