BCQ Achieves Dual Growth in 2024 Revenue and Net Profit Attributable to Shareholders
HONG KONG, Apr 7, 2025 – (ACN Newswire via SeaPRwire.com) – On the evening of March 21, Bank of Chongqing Co., Ltd. (Stock Codes: 601963.SH, 01963.HK, hereinafter referred to as “BCQ” or “the Bank”) released its 2024 Annual Report. During the reporting period, BCQ recorded operating income of RMB13.679 billion, a year-on-year (YoY) increase of 3.54%, and net profit of RMB5.521 billion, up 5.59% YoY. Net profit attributable to shareholders reached RMB5.117 billion, marking a YoY growth of 3.80%. Basic earnings per share (EPS) stood at RMB1.38.To enhance shareholder returns, the Bank proposed a final dividend of RMB2.48 per 10 shares (tax inclusive) for 2024. Dividend payments continued to demonstrate greater stability, sustainability, and predictability. The cash dividend payout ratio reached 30.01% in 2024, maintaining a five-year streak above 30% since the Bank’s A-share listing.Net Profit Attributable to Shareholders Exceeds RMB5 Billion, Asset Quality Continues to ImproveAgainst a backdrop of global econom…