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Agricultural Bank of China reports net profit decline

2020-9-7 11:52

 

BEIJING, Sept. 6 (Xinhua) -- The Agricultural Bank of China, one of the country's largest commercial lenders, saw its net profit slide 10.8 percent year on year in the first half of this year (H1).

The bank raked in 109.19 billion yuan (about 15.97 billion U.S. dollars) in net profit in the first six months of 2020, down 13.18 billion yuan from the same period last year, its H1 report showed.

During the period, the operating income of the bank amounted to 339.17 billion yuan, up 1.6 billion yuan from a year earlier, according to the report.

As of the end of June, its outstanding non-performing loans stood at 207.75 billion yuan, with the non-performing loan ratio at 1.43 percent, an increase of 0.03 percentage points from the previous year-end.

Meanwhile, the newly-added loans for the real economy came in at 1.17 trillion yuan in H1, 225.9 billion yuan more than the same period last year.

 

北京,9月6日(新华社)——中国农业银行,中国最大的商业银行之一,今年上半年净利润同比下降10.8%。


据H1报告显示,该行在2020年上半年的净利润为人民币1,091.9亿元(约合159.7亿美元),比去年同期下降了131.8亿元。


该报告称,在此期间,该行的营业收入达3391.7亿元,较上年同期增长16亿元。


截至6月底,不良贷款余额为2077.5亿元,不良贷款率为1.43%,同比增长0.03个百分点。


与此同时,上半年实体经济新增贷款1.17万亿元,比上年同期增加2,559亿元。

 

来自: xinhua