Shanghai Pudong Development Bank's Profit Jumps 23%, Operating Income Slips 2% in 2024

MT Newswires Live03-31

Shanghai Pudong Development Bank's (SHA:600000) net profit attributable to shareholders in 2024 jumped 23% to 45.3 billion yuan from 36.7 billion yuan in the prior year, according to a Shanghai Stock Exchange disclosure on Saturday.

Earnings per share climbed 26% year on year to 1.25 yuan from 0.99 yuan.

The Chinese lender's operating income slipped 1.6% to 170.7 billion yuan from 173.4 billion yuan a year earlier, the disclosure said.

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