On August 29, Bank of China (03988.HK) announced that the bank adheres to the general principle of seeking progress while maintaining stability, with steady growth in assets and liabilities, stable performance in operations, and main indicators within a reasonable range. As of the end of June, the total assets of the group amounted to 33,907.267 billion yuan, an increase of 4.55% compared to the end of the previous year, with total liabilities of 31,128.291 billion yuan, an increase of 4.90% compared to the end of the previous year. In the first half of 2024, the group achieved revenue of 317.929 billion yuan, and a group net profit after tax of 126.536 billion yuan, a decrease of 0.90% year-on-year; the Bank's shareholders' net profit after tax was 118.601 billion yuan, a decrease of 1.24% year-on-year. The average return on assets (ROA) was 0.76%, and the return on equity (ROE) was 9.58%. The net interest margin was 1.44%, and the cost-to-income ratio (based on Mainland China regulatory standards) was 25.54%. The Board of Directors of the bank recommends the distribution of an annual interim ordinary stock dividend of 1.208 yuan per 10 shares for the year 2024 (pre-tax).
中国银行(03988.HK)上半年股东应占税后利润1186.01亿元 同比下降1.24%
Bank of China (03988.HK) had a shareholder's attributable post-tax profit of 118.601 billion yuan in the first half of the year, a year-on-year decrease of 1.24%.
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