Industrial Bank: Net profit attributable to parent company in the first quarter was 24.336 billion yuan, a year-on-year decrease of 3.1%

In front-line financial news on April 25, Industrial Bank released its first quarter report for 2024 today.

The report shows that during the reporting period, the company achieved net profit attributable to shareholders of 24.336 billion yuan in the first quarter, a year-on-year decrease of 3.1%; operating income was 57.751 billion yuan, a year-on-year increase of 4.22%.

The company\’s non-performing loan rate in the first quarter was 1.07%, the same as the end of the previous year; the provision coverage ratio increased by 0.3 percentage points from the end of the previous year.

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