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Weihai Bank Shows Solid Q3 2024 Performance

Weihai City Commercial Bank Co., Ltd. Class H (HK:9677) has released an update.

Weihai City Commercial Bank reported total assets of RMB425.8 billion and a net profit of RMB1.6 billion for the third quarter of 2024. The bank’s capital adequacy ratios met regulatory requirements, with a capital adequacy ratio of 13.40%. Investors are advised to exercise caution as the figures are unaudited.

For further insights into HK:9677 stock, check out TipRanks’ Stock Analysis page.

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