Bank of Tianjin Co., Ltd. Class H (HK:1578) has released an update.
Bank of Tianjin Co., Ltd. has reported a robust performance in the first half of 2024, with significant improvements across key financial metrics. The bank’s total assets, operating income, and net profit have witnessed substantial growth, while its asset quality has also improved with a decrease in non-performing loan ratio and an increase in allowance coverage. These interim results are preliminary and subject to audit, with the final report to be issued by the end of August 2024.
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