28-03-2025
China's AgBank 2024 profit rises 4.7%
BEIJING/SHANGHAI, March 28 (Reuters) - Agricultural Bank of China Ltd (AgBank) ( opens new tab reported on Friday a 4.7% rise in its 2024 net profit.
Net profit last year totalled 282.083 billion yuan ($38.84 billion), compared to 269.356 billion yuan in 2023, AgBank said in a filing.
The net profit in 2024 was above a median estimate from 15 analysts of 276.101 billion yuan.
($1 = 7.2635 Chinese yuan renminbi)