Bank of China released its third quarter report for 2024 on October 30, 2024. The report shows that the bank achieved revenue of 161,272 million RMB during the reporting period, an increase of 6.51% year-on-year; net profit was 60,953 million RMB, an increase of 3.64% year-on-year. Net profit attributable to the owners of the parent company was 57,162 million RMB, an increase of 4.38% year-on-year. At the end of the reporting period, Bank of China's total assets amounted to 34,068,988 million RMB, an increase of 5.05% from the end of the previous year. The financial statements for the third quarter of this year have not been audited. Members of the Bank of China's board of directors include Ge Haijiao, Lin Jingzhen, and independent...Show More

Bank of China released its third quarter report for 2024 on October 30, 2024. The report shows that the bank achieved revenue of 161,272 million RMB during the reporting period, an increase of 6.51% year-on-year; net profit was 60,953 million RMB, an increase of 3.64% year-on-year. Net profit attributable to the owners of the parent company was 57,162 million RMB, an increase of 4.38% year-on-year. At the end of the reporting period, Bank of China's total assets amounted to 34,068,988 million RMB, an increase of 5.05% from the end of the previous year. The financial statements for the third quarter of this year have not been audited. Members of the Bank of China's board of directors include Ge Haijiao, Lin Jingzhen, and independent non-executive directors such as Liao Changjiang. The net cash flow from operating activities of Bank of China in the reporting period was 168,139 million RMB, a significant decrease of 65.41% compared to the same period last year. In addition, Bank of China has distributed dividends for common stock and preferred stock during the reporting period.