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<Blue Chip Results>ICBC Annual NP Inches Up 0.8% to RMB363.993B; Div. RMB3.064/ 10 Shrs
Recommend 80 Positive 176 Negative 89 |
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ICBC (01398.HK) announced the 2023 annual results, recording net profit of RMB363.993 billion, a slight increase of 0.8% YoY, with an EPS of RMB98 cents. A final dividend of RMB3.064 per 10 shares was declared, versus RMB3.035 per 10 shares in the same period of last year. For the fourth quarter alone, net profit was RMB95.32 billion, a slight increase of 0.8%. Operating income amounted to RMB806.458 billion, representing a decrease of 4.3%. Specifically, net interest income decreased by 5.3% to RMB655.013 billion; non-interest income was RMB151.445 billion, up by 0.7%. Operating expenses amounted to RMB238.698 billion, representing a decrease of 0.3%, and the cost-to-income ratio was 28.28%. Impairment losses on assets were RMB150.816 billion. AAStocks Financial News |
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