Agricultural Bank of China Limited released its semi-annual report, with both revenue and profit showing positive growth. A dividend of RMB 1.164 per 10 shares will be distributed

Wallstreetcn
2024.08.30 09:10
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Agricultural Bank of China released its 2024 interim performance, with revenue of 367.1 billion yuan and net profit of 136.5 billion yuan, representing growth of 0.4% and 2.0% respectively. This is the first time in the history of state-owned large banks to achieve double growth. Total assets reached 42 trillion yuan, with loans amounting to 24.4 trillion yuan and improved asset quality. The non-performing loan ratio is 1.32%. It is recommended to distribute a dividend of 1.164 yuan per 10 shares, with a total dividend amount of 40.738 billion yuan, subject to approval at the shareholders' meeting