Bank of China (HK:3988) has released an update.
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Bank of China reported a steady increase in its financial performance for the third quarter of 2024, with operating income up by 6.58% and profit attributable to equity holders growing by 4.38% compared to last year. Total assets rose by 5.05% since the end of 2023, reflecting the bank’s robust financial stability. However, net cash flows from operating activities saw a significant drop, highlighting challenges in cash inflow from customers.
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