China CITIC Bank 2024 Profit Up 2%, Revenue Rises 4%

MT Newswires Live

2025/03/27

China CITIC Bank (HKG:0998, SHA:601998) posted 2024 net profit attributable to equity

holders of 68.6 billion yuan, up 2.3% from 67.0 billion yuan the previous year, according to a filing with the Hong Kong bourse.

EPS climbed 5.3% year over year to 1.20 yuan from 1.14 yuan. Analysts polled by Visible Alpha had estimated EPS at 1.23 yuan.

The bank's revenue rose 3.8% to 213.2 billion yuan from 205.6 billion yuan. Analysts polled by Visible Alpha had projected revenue at 211.3 billion yuan.

Shares of China CITIC Bank were down less than 1% in recent trade on the Hong Kong bourse.

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