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1983 - Luzhou Bank Co News Story

HK$3.1 0.0  0.0%

Last Trade - 1:00am

Sector
Financials
Size
Mid Cap
Market Cap £640.3m
Enterprise Value £1.44bn
Revenue £349.4m
Position in Universe 1142nd / 6100

BRIEF-Luzhou Bank Posts FY Net Interest Income Of RMB2.76 Bln

Thu 25th March, 2021 3:04pm
March 25 (Reuters) - Luzhou Bank Co Ltd  1983.HK :
    * FY NET INTEREST INCOME RMB2.76 BILLION VERSUS RMB2.72
BILLION
    * FY NET PROFIT ATTRIBUTABLE RMB576.1 MILLION VERSUS
RMB633.9
MILLION
    * AS AT YEAR END, NPL RATIO WAS 1.83%
    * FY NET INTEREST MARGIN 2.78% VERSUS 3.08%
    * FY CORE TIER-ONE CAPITAL ADEQUACY RATIO IS 8.11% VERSUS
9.31%
    * BANK'S ASSET QUALITY MAY BE SLIGHTLY AFFECTED WHEN
NATIONAL
SUPPORT POLICY WITHDRAWS IN FUTURE

Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0325/2021032502166.pdf
Further company coverage:  1983.HK 

 ((Reuters.Briefs@thomsonreuters.com;))
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