Bank of Communications Co (HK:3328) has released an update.
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Bank of Communications Co., Ltd. reports a modest increase in total assets and customer loans, alongside a slight decrease in net profit for the first half of 2024. Despite a dip in net fee and commission income, the company has seen an overall growth in shareholder equity and a significant rise in net tier-2 capital. These interim results reflect the company’s resilience in a challenging financial environment.
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