Industrial Bank Co., Ltd., one of the first batch of joint-stock commercial banks on the Chinese mainland, saw its net profits up 23.08 percent year on year in the first half of 2021.
Its net profits attributable to shareholders stood at 40.11 billion yuan (about 6.18 billion U.S. dollars) in the reporting period, said the bank in a statement.
Total operating revenue reached nearly 109 billion yuan in the first six months, an increase of 8.94 percent year on year, the bank said .
By the end of June, the bank's total assets topped 8 trillion yuan, up 2.73 percent from the beginning of this year, while the non-performing loan ratio was 1.15 percent, down by 0.1 percentage points from six months ago. Enditem
