Shanghai Pudong Development Bank reports stable Q1 2025 results

Shanghai Pudong Development Bank (SSE:600000) reported a stable performance for the first quarter of 2025, with the board of directors approving the results at its third meeting of the year. Operating income reached CNY45.922 billion, a 1.31% increase year-over-year. Net profit attributable to shareholders was CNY17.598 billion, up 1.02%. The bank continues to focus on its digital strategy and key initiatives including supply chain finance, inclusive finance, cross-border finance and financial management with the focus of "strengthening the track, optimizing the structure, controlling risks, and improving benefits".