ICBC 2024 Profit Ticks Up, Revenue Slips 2.5%

MT Newswires Live
31 Mar

Industrial and Commercial Bank of China (SHA:601398, HKG:1398), or ICBC, posted 2024 net profit attributable to shareholders of 365.9 billion yuan, up 0.5% from 364.0 billion yuan the previous year.

Earnings per share were unchanged at 0.98 yuan, according to a filing with the Shanghai bourse.

Revenue was down 2.5% year over year to 821.8 billion yuan from 843.1 billion yuan.

ICBC declared a final dividend of 0.1646 per share.

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