Ping An Bank, a Shenzhen-listed lender controlled by Ping An Insurance, saw a net profit surge of 25.6% year-on-year in 2021, Xinhua reported.
The lender said it earned over 36.3 billion yuan ($5.7 billion) in net profit last year. Meanwhile, its revenue grew 10.3% year-on-year to nearly 169.4 billion yuan.
Read the full report: Xinhua
READ MORE:
China’s Ping An Seeking to Offload Autohome Stake
Ping An Insurance to be ‘extremely cautious’ in 2nd-half amid virus rebound fear
Ping An Bank posts first-quarter profit growth