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BRIEF-Bank Of Communications Posts Qtrly Net Profit Attributable Of RMB23,336 Mln

reuters.com · 04/29/2022 04:40
BRIEF-Bank Of Communications Posts Qtrly Net Profit Attributable Of RMB23,336 Mln

- Bank of Communications Co Ltd BCMXY:

  • QTRLY NET INTEREST INCOME OF GROUP INCREASED BY 10.32% ON A YEAR-ON-YEAR BASIS TO RMB 42.533 BILLION

  • QTRLY NET PROFIT ATTRIBUTABLE RMB23,336 MILLION VERSUS RMB 21,946 MILLION

  • AS AT QUARTER END , GROUP'S CAPITAL ADEQUACY RATIO WAS 15.24%

  • AS AT MARCH-END, NPL RATIO 1.47%

  • FROM JANUARY TO MARCH 2022, NET INTEREST MARGIN OF GROUP INCREASED BY 2 BASIS POINTS ON A YEAR-ON-YEAR BASIS TO 1.56%

Further company coverage: BCMXY


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