An update from Bank of Zhengzhou Co., Ltd. Class H ( (HK:6196) ) is now available.
Bank of Zhengzhou Co., Ltd. has released its preliminary annual results for 2024, showcasing financial data calculated under China Accounting Standards. The unaudited figures show a slight decrease in operating income by 5.90% compared to the previous year, but an increase in operating profit by 3.06%. Total assets grew by 7.33%, indicating solid growth in the bank’s financial positioning. The updates suggest that despite a decline in operating income, the bank has managed to achieve a modest increase in net profit and total assets, which could be seen as a positive indicator for stakeholders.
More about Bank of Zhengzhou Co., Ltd. Class H
Bank of Zhengzhou Co., Ltd. operates as a joint stock company in the financial sector within the People’s Republic of China. The company provides a range of banking services and is listed on The Stock Exchange of Hong Kong Limited.
YTD Price Performance: -5.83%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.04B
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