Agricultural Bank Of Chin (ACGBF) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thanks for your participation. The meeting is ready to start. Ladies and gentlemen, good afternoon. Hi, my name is Liu Qing, Secretary of the Board of Directors ABC. Welcome all shareholders, investors, analysts, and friends to attend 2024 Q3 results announcement. Thank you for your long-term care and support. Today's announcement is mainly held through telephone access. also have invited some of the friends to the scene. First, I would like to introduce the team attending this announcement. They are Mr. Deng Lijuan, Director of the Office of the Board of Directors, Yeo Shih-tung, General Manager of Financial Accounting Department, Xiao Ning, Senior Expert of Financial Market Department, Deng Xiaolei, General Manager of Corporate Business Department, Wang Xiaohan, General Manager of Credit Management Department, Wang Yang, Deputy General Manager, Accent Now Ability Management Department, Zhou Bin, Deputy General Manager, Personal Credit Department, and Sun Yat-sen, Deputy General Manager, Rural Revitalization Finance Department. Today's announcement will be divided in two parts. In the first part, I will introduce the business performance in Q3. The second part is Q&A. We'll respond to the questions we care about. Now we will proceed to the part one, which I've released the Q3 results and will continue to financial operation will stay the same and the net profit operation even continued to grow a positive net profit 215.3 billion of the 3.6% operating income 540.7 billion up 1.3 yy a net interest income 437.8 yuan up 1% yy the net interest margin 1.45% remaining the same in the QH1 the all-caliber, full-caliber balance and the domestic daily balance up 2.21 trillion, up 8.2% YY. The margin and the speed ranked first among peers. And among them, for the personal loan ...