China Minsheng Bank reports stable growth in 2024

China Minsheng Banking Corp (HKEX:1988) announced positive financial results in its 2024 annual report, with operating income at CNY 133.123 billion and net profit attributable to equity holders at CNY 32.296 billion. Total assets reached CNY 7.81 trillion, a 1.82% year-on-year increase. The bank's NPL ratio slightly decreased to 1.47%. The board proposed a final cash dividend of CNY 0.62 per 10 shares, bringing the total dividend for 2024 to CNY 1.92 per 10 shares.