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China's ICBC posts 5.7% rise in quarterly profit

reuters.com · 04/29/2022 04:50
China's ICBC posts 5.7% rise in quarterly profit

- Industrial and Commercial Bank of China Limited 1398.HKIDCBY, the world's largest lender, reported a 5.7% rise in first-quarter net profit on Friday.

ICBC said net profit for the first three months of the year totalled 90.63 billion yuan ($13.75 billion), up from 85.73 billion yuan a year earlier.

($1 = 6.5897 Chinese yuan renminbi)


(Reporting by Engen Tham and Selena Li
Editing by David Goodman
)

((Zoey.Zhang@thomsonreuters.com;))