China Citic Bank Corp Ltd Class A
601998: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|n$ | LOCK|%^j | LOCK|KM!Fb<> |
China Citic Bank Earnings: Profit Improves Despite Margin Pressure; Maintaining Fair Value Estimate
China Citic Bank's interim revenue declined by 3% year on year. However, net profit increased by 2.8%, thanks to a significant reduction in credit costs and well-contained expenses in the period. A 2% rise in the interim dividend was proposed.
