COFCO Capital reports 7% asset growth to RMB 9.8bn

COFCO Trust Co reported total assets of RMB 9.85 billion as of June 30, up from RMB 9.18 billion at end-2024. Owner's equity rose to RMB 8.80 billion.

Operating income for the first half reached RMB 850.8 million, generating net profit of RMB 403.5 million compared to RMB 400.9 million in the previous year. Revenue was driven by fee and commission income of RMB 657.5 million and investment income of RMB 246.8 million.