Jiujiang Bank earns 51% more than half a year – Newsletter website hkej.com

Jiujiang Bank (06190) announced that from the end of June the interim profit was 1.036 billion yuan (RMB ‧ the same), an increase of 51.52% on an annual basis, earnings per share of 1.06 yuan, no dividend.

Over the period, net interest income amounted to 2.141 billion yuan, 19.25% less than a year earlier; net commission income amounted to 138 million yuan, 7.94% less than a year ago; the net interest rate was 2.26%, an increase of 0.05 percentage point on an annual basis, net interest rate 2.44%, an increase of 0.15% year-on-year.

At the end of June, the balance of non-performing loans amounted to 1.96 billion yuan, and the non-performing loan ratio 1.65%, an increase of 0.03 percentage points at the end of last year. The coverage ratio of the provisions was 191.33%, a decrease of 0.67 percentage points.

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