Wuxi Rural Commercial Bank Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:33 pm
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Wuxi Rural Commercial Bank Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced net income was CNY 362.714 million compared to CNY 342.324 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.19 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.16 a year ago.
Wuxi Rural Commercial Bank Co., Ltd. is a China-based regional commercial bank principally involved in banking and related financial business. The Bank operates three business segments. Corporate segment provides services to public clients, including public loans, open bills, trade finance, public deposits and remittances. Personal segment provides banking services to individual customers, including retail loan, savings deposit, credit card and remittance businesses. Treasury segment includes transactional financial instruments, bond investments, repurchase and resale bonds, as well as interbank lending. The Bank operates its businesses primarily in Wuxi and other regions of Jiangsu, China.