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Published 16 days ago

China’s AgBank posts 1.63% fall in Q1 profit

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BEIJING/SHANGHAI (Reuters) – Agricultural Bank of China Ltd (AgBank) reported a 1.63% fall in first-quarter net profit on Monday. Net profit for the three months ended March totalled 70.39 billion yuan ($9.71 billion), compared with 71.55 billion yuan in the same period 2023, AgBank said in a filing. ($1 = 7.2461 Chinese yuan renminbi) (Reporting by Ziyi Tang and Engen Tham, Editing by Louise Heavens)

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China’s AgBank posts 1.63% fall in Q1 profit

BEIJING/SHANGHAI (Reuters) – Agricultural Bank of China Ltd (AgBank) reported a 1.63% fall in first-quarter net profit on Monday. Net profit for the three months ended March totalled 70.39 billion yuan ($9.71 billion), compared with 71.55 billion yuan in the same period 2023, AgBank said in a filing. ($1 = 7.2461 Chinese yuan renminbi) (Reporting by Ziyi Tang and Engen Tham, Editing by Louise Heavens)

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