China Minsheng Banking made a net profit of CNY 15,831 mil under revenues of CNY 44,846 mil in the second quarter of 2019, up 7.87% and 20.5% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of CNY 19,213 mil in 1Q2019 and an all time low of CNY 4,141 mil in 3Q2010. The average profit in the last six quarters amounted to CNY 14,229 mil.
On the other hand, bank’s revenues amounted to an all time high of CNY 44,846 mil in 2Q2019 and an all time low of CNY 12,463 mil in 1Q2010. The average revenues in the last six quarters reached CNY 40,443 mil.
When compared to bank's main peers, Home Credit China generated a quarterly net profit of CNY 439 mil with revenues of CNY 5,024 mil in 2Q2019, Qudian netted CNY 1,143 mil (revenues of CNY 1,935 mil) and Lexin FinTech announced a net profit of CNY 628 mil (revenues of CNY 1,447 mil).
You can see all the bank’s data at China Minsheng Banking Profile, or you can download a report on the bank in the report section.
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