Postal Savings Bank of China Reports Stable Growth

Postal Savings Bank of China Co., Ltd. Class H (HK:1658) has released an update.

Postal Savings Bank of China has reported steady growth in its third-quarter 2024 results, with a 6.48% increase in total assets and a 7.74% rise in loans to customers compared to the previous year-end. The bank also saw a moderate increase in net profit by 0.29% for the first nine months of the year, despite a slight decrease in return on equity. These figures reflect the bank’s stable performance amidst evolving market conditions.

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