SEHK:1288Banks
Agricultural Bank Of China (SEHK:1288) Profit Growth Holds Firm As Credit Quality Improves
Investors came into Agricultural Bank of China’s interim results with the stock treading water. The Hong Kong listed shares were roughly flat over the past week and only modestly weaker over the month, even after a solid 90 day run. The headline today is simple: profit growth is intact and the balance sheet looks more comfortable than the share price implies.
Net profit for the first half of 2026 grew about 5.8% year on year and management highlighted a non performing loan ratio around 1.25%...