CHINA Banking Corp. on Tuesday reported a better-than-expected 2022 net income of P19.1 billion, up 27 percent from a year earlier and attributed to robust operating results and effective cost management.
In a disclosure to the stock exchange, the bank said the 2022 net profit translated to a higher return on equity of 15.1 percent and a return on assets of 1.6 percent.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.