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2026-08-30 20:16:30 MINSHENG BANK (01988.HK) announced its interim results for the six months ended June, reporting net profit of RMB19.537 billion, down 8.6% YoY, mainly due to the group's continued efforts in disposing of non-performing assets, which led to increased credit impairment losses. EPS was RMB0.4. An interim dividend of RMB1.18 was declared for every 10 shares. In 1H26, operating income rose 4.2% to RMB73.695 billion. Among which, net interest income increased 6.9% to RMB52.584 billion, while NIM was 1.47, up 0.08 ppts. Net fee and commission income increased 1.3% to RMB9.809 billion. As of June, total non-performing loans amounted to RMB66.323 billion, representing an increase of RMB169 million from the beginning of the year. The non-performing loan ratio was 1.47%, down 0.02 ppts. The provision coverage ratio was 142.19%, up 0.15 ppts. (de/d)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |