HK Stock Movement | CEB BANK (06818) Drops Nearly 5% Post-Earnings as Q3 Revenue and Profit Decline, Fair Value Fluctuations Weigh

Stock News
10/31

CEB BANK (06818) fell nearly 5% following its earnings release, dropping 4.75% to HK$3.21 by the time of writing, with a turnover of HK$45.58 million. The bank reported a 7.9% year-on-year decline in cumulative revenue for the first three quarters, alongside a 3.6% drop in net profit attributable to shareholders. In Q3 alone, revenue fell 13.0%, while quarterly net profit slid 11.0%. Analysts noted that the results slightly missed expectations, primarily due to pressure from fair value fluctuations caused by bond market volatility. As of September-end, CEB BANK's total assets reached RMB 7.22 trillion, up 3.72% from the previous year-end. On asset quality, non-performing loans stood at RMB 50.71 billion, rising by RMB 1.46 billion from year-end 2022. The NPL ratio edged up 0.01 percentage points to 1.26%, while the provision coverage ratio declined by 11.67 percentage points to 168.92%.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10