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Bank of Qingdao Reports Strong Financial Growth in 2024

Story Highlights
  • Bank of Qingdao operates in the banking industry, offering financial services in China.
  • The bank’s 2024 results show a 19.97% net profit increase, indicating strong growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An update from Bank of Qingdao Co., Ltd. Class H ( (HK:3866) ) is now available.

Bank of Qingdao Co., Ltd. announced its audited annual results for the year ended December 31, 2024, showing a significant improvement in financial performance. The bank reported a 19.97% increase in net profit and a 21.05% rise in basic and diluted earnings per share, reflecting strong operational growth and effective cost management, which positions the bank favorably in the competitive banking sector.

More about Bank of Qingdao Co., Ltd. Class H

Bank of Qingdao Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the banking industry. It provides financial services and products, with its shares listed on both the Shenzhen Stock Exchange and the Hong Kong Stock Exchange.

YTD Price Performance: 5.71%

Average Trading Volume: 1,995

Technical Sentiment Signal: Sell

Current Market Cap: €2.81B

See more data about 3866 stock on TipRanks’ Stock Analysis page.

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