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Dongguan Rural Commercial Bank Reports Second Quarter 2024 Earnings
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Dongguan Rural Commercial Bank (HKG:9889) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥2.65b (down 15% from 2Q 2023).
  • Net income: CN¥1.25b (down 24% from 2Q 2023).
  • Profit margin: 47% (down from 52% in 2Q 2023). The decrease in margin was driven by lower revenue.
earnings-and-revenue-history
SEHK:9889 Earnings and Revenue History August 31st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dongguan Rural Commercial Bank's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Dongguan Rural Commercial Bank that you should be aware of.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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