tiprankstipranks
Company Announcements

Huishang Bank Reports Strong Mid-Year Growth

Huishang Bank Reports Strong Mid-Year Growth

Huishang Bank (HK:3698) has released an update.

Discover the Best Stocks and Maximize Your Portfolio:

Huishang Bank Corporation Limited has reported a robust interim financial performance for the first half of 2024, with total assets increasing by 6.75% to RMB1.93 trillion and net profit rising by 5.9% to approximately RMB8.986 million. The bank attributes its positive results to strategic credit allocation, asset structure optimization, and successful management of non-performing assets. Investors are cautioned to consider the unaudited nature of this data and await the official interim results announcement due before the end of August 2024.

For further insights into HK:3698 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1