Summary by Futu AI
The Agricultural Bank of China announced its semi-annual report for 2024 on August 30, 2024, showing stable growth in its operational performance and financial condition. During the reporting period, total assets reached approximately 42 trillion yuan, an increase of 5.3% compared to the end of the previous year; total loans and advances reached 24.4 trillion yuan, an increase of 7.8%. At the same time, the bank achieved a net profit of 136.494 billion yuan, a year-on-year increase of 2.0%. The Agricultural Bank of China also proposed to distribute mid-term cash dividends, with a total of 1.164 yuan per 10 shares, totaling 40.738 billion yuan. In addition, the report emphasizes the progress made by the Agricultural Bank of China in supporting "San Nong" (agriculture, rural areas, and farmers), green finance, inclusive financial services, and digital financial services. The board of directors ensures the truthfulness and completeness of the report and assumes corresponding legal responsibilities.