Bank of Shanghai Co., Ltd. Reports RMB6.333 Billion Profit in Q1 2024
- (601229.SS) reported a first-quarter profit of RMB6.333 billion for 2025, marking a year-on-year increase of 1%, according to the company's official earnings release.
- The bank's revenue for the same period rose 4% year-on-year, reflecting continued resilience in its core operations amid evolving market conditions.
- These figures were disclosed in the company's latest quarterly report published on April 23, 2025, and align with broader trends noted in its annual and half-yearly reports from...
Bank of Shanghai Co., Ltd. (601229.SS) reported a first-quarter profit of RMB6.333 billion for 2025, marking a year-on-year increase of 1%, according to the company’s official earnings release.
The bank’s revenue for the same period rose 4% year-on-year, reflecting continued resilience in its core operations amid evolving market conditions.
These figures were disclosed in the company’s latest quarterly report published on April 23, 2025, and align with broader trends noted in its annual and half-yearly reports from previous periods.
Analysts have highlighted the bank’s steady dividend payouts and improving return on equity as supportive factors for investor confidence, with the annualized weighted average ROE for the first quarter of 2025 recorded at 10.64%.