On August 29, financial news reported that Bank of China posted a net profit of 117.59 billion yuan for the first half of the year, representing a year-on-year decline of 0.9%. The bank recorded operating revenue of 329.418 billion yuan and after-tax profit of 126.138 billion yuan.
Key financial metrics showed a return on assets (ROA) of 0.70%, return on equity (ROE) of 9.11%, net interest margin of 1.26%, and cost-to-income ratio of 25.11%.
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