Bank Of Suzhou Co Ltd Class ASZSE: 002966

Net profit rose 5.53% on strong asset growth and stable asset quality, with a 30% dividend payout

· Issued by Bank Of Suzhou Co Ltd Class A

Total assets grew 13.8% to ¥789.4 billion, with net profit up 5.53% year-over-year. Asset quality remained strong (NPL 0.82%, provision coverage 418.60%), and capital adequacy improved after convertible bond conversion. Dividend payout was 30.09% of net profit.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

Company analysis

Earlier from Bank Of Suzhou Co Ltd Class A

All Bank Of Suzhou Co Ltd Class A news releases