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Hong Leong Bank's 1H Net Profit Could Be Higher on Year -- Market Talk
Bank of Chengdu: Bank of Chengdu Co., Ltd. 2024 Annual Performance Report Announcement
Bank of Chengdu Co., Ltd. 2024 Annual Results Express Announcement
Express News | Bank of Chengdu Prelim 2024 Net Profit up 10.2%
Bank Of Chengdu (601838.SH) performance report: The net income attributable to the parent company for 2024 is 12.863 billion yuan, a year-on-year increase of 10.21%.
On February 10, 2024, the Bank Of Chengdu (601838.SH) announced its performance report for the year 2024. The company continues to promote steady development across its Business sectors, maintaining a good overall Operational trend, achieving revenue of 22.977 billion yuan, a year-on-year increase of 5.88%. The Net income attributable to the parent company's Shareholders is 12.863 billion yuan, a year-on-year increase of 10.21%. As of the end of 2024, the company's total Assets are 1250.081 billion yuan, an increase of 14.56% compared to the beginning of the year; the Net Assets attributable to common Shareholders of the parent company are 79.851 billion yuan, an increase of 22.4%.
Minsheng Securities: By 2025, the valuation of Banks may continue to recover, focusing on "dual high" symbols such as high growth and high dividends.
Minsheng Securities released a Research Report stating that the valuation repair of Banks driven by dividends may continue in 2025, alongside the support of fiscal and monetary policies for the economy. The firm recommends "dual-high" symbols represented by high growth and high dividends as a top choice in the Sector of Banks.
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