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The latest update is out from CITIC ( (HK:0267) ).
China CITIC Bank Corporation Limited announced its 2024 preliminary annual financial results, showing a modest increase in key financial metrics. The bank reported a total operating income of RMB 2,136.46 billion, an increase of 3.76% from the previous year, and a net profit attributable to equity holders of RMB 685.76 billion, marking a 2.33% rise. These results suggest a steady growth trajectory for the bank, indicating resilience and stability in its operations, which may positively impact its stakeholders and market positioning.
More about CITIC
CITIC Limited is a diversified company with operations primarily in financial services, including banking through its subsidiary China CITIC Bank Corporation Limited. The company is a significant player in the financial services industry, focusing on providing banking solutions in China and listed on the Hong Kong Stock Exchange.
YTD Price Performance: -0.90%
Average Trading Volume: 2,277
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $31.02B
Learn more about 0267 stock on TipRanks’ Stock Analysis page.
