Bank of Communications Logs 0.9% Rise in 2024 Profit, Revenue

MT Newswires Live

2025/03/24

Bank of Communications (SHA:601328, HKG:3328) posted 2024 net profit attributable to shareholders of 93.59 billion yuan, or 1.16 yuan per share, up 0.9% from 92.73 billion yuan, or 1.15 yuan per share, the previous year.

Revenue rose 0.9% year over year to 259.8 billion yuan from 257.6 billion yuan, according to a March 21 filing with the Shanghai bourse.

The bank declared a cash dividend of 0.197 yuan per share.

Shares of Bank of Communications rose 2% in recent trade.

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