Bank of Qingdao Co., Ltd. announced its third-quarter financial results on October 28. The bank's revenue for the quarter reached 3.351 billion yuan, marking a slight year-on-year decline of 0.22%. However, net profit showed strong growth, rising 13.90% year-on-year to 927 million yuan.
For the first three quarters of the year, the bank reported total revenue of 11.013 billion yuan, representing a 5.03% increase compared to the same period last year. Net profit for the nine-month period grew by 15.54% to 3.992 billion yuan.
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