[ET Net News Agency, 26 July 2021] Huishang Bank Corporation Limited (03698) said the
bank estimates that, for the six months ended 30 June 2021, the net profit of the group
will increase by around 14% as compared with the same period of 2020; the cost-to-income
ratio will be lower than 25%; the non-performing loan ratio will be lower than 1.7%; and
the allowance to non-performing loan ratio will be over 220%.
The increase in the group's net profit was mainly attributable to the constant increase
in interest-earning assets in light of adhering to the development philosophy of serving
real economy and constantly increasing credit extension; and certain achievements made by
taking various measures such as collection, reorganization and write-off to intensify the
disposal of non-performing assets. (RC)
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03698 HUISHANG BANK
Nominal 
2.230 0.000 (0.000%) Others
26/07/2021 14:52
Huishang Bank (03698) sees 14% increase in interim net
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