ICBC profits dip slightly in first quarter 2025

Industrial and Commercial Bank of China (ICBC) [SSE:601398] announced a slight decrease in net profit attributable to shareholders for the first quarter of 2025, reporting CNY84.156 billion compared to CNY87.653 billion in the same period last year. Operating income also saw a dip, decreasing to CNY204.688 billion from CNY210.165 billion. Despite these declines, the bank showcased robust balance sheet growth, with total assets increasing to CNY51,547.045 billion.