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The latest announcement is out from Huishang Bank ( (HK:3698) ).
Huishang Bank Corporation Limited has announced a positive profit alert for the year ended December 31, 2024. The bank reported a significant increase in total assets, operating income, and net profit, with improvements in asset quality and non-performing loan ratios. This performance is attributed to strategic initiatives such as enhancing credit extension and effective liability management, positioning the bank favorably in the financial industry.
More about Huishang Bank
Huishang Bank Corporation Limited is a joint stock company incorporated in the People’s Republic of China, primarily engaged in providing banking and financial services. It focuses on serving the real economy with a strategic emphasis on credit extension in key areas and optimizing asset structure.
YTD Price Performance: 5.67%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.55B
For an in-depth examination of 3698 stock, go to TipRanks’ Stock Analysis page.