Agricultural Bank of China reports revenue, profit gains in H1

2021-09-06 11:34

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BEIJING, Sept. 6 (Xinhua) -- Agricultural Bank of China, one of the country's largest commercial lenders, reported revenue and net profit growth in the first half of the year.

The bank raked in a net operating revenue of 366.3 billion yuan (about 56.72 billion U.S. dollars) during the period, an increase of 7.8 percent from a year earlier, according to the bank's report filed with the Shanghai Stock Exchange.

Its net profits rose by 12.5 percent year on year to 122.8 billion yuan in the January-June period, said the report.

The bank has stepped up efforts in serving the real economy. By the end of June, its outstanding inclusive loans to small and micro firms reached 1.24 trillion yuan, up 30.4 percent compared with that registered at the end of last year.
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