Huaxia Bank reports steady growth in 2024

Huaxia Bank (SSE:600015) has released its preliminary financial results for 2024, reporting an operating income of RMB 97.146 billion, a 4.23% increase year-on-year. Net profit attributable to shareholders reached RMB 27.676 billion, representing a 4.98% rise. The bank's total assets grew by 2.86% to RMB 4,376.491 billion. The non-performing loan ratio decreased slightly to 1.60%, and the provision coverage ratio increased to 161.89%. The bank noted that the final audited figures in the 2024 annual report may differ slightly from these preliminary numbers.