China Citic Bank Corp Ltd Class A
601998: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Vt | LOCK|>B | LOCK|#cs@@@ |
Citic Bank Earnings: Stringent Cost Controls Drive Growth; Margin Recovery in Sight
China Citic Bank's third-quarter revenue grew 4% year on year, driven largely by a 23% increase in investment income. Net profit growth accelerated to 5% from 3% in the first half, supported by stringent cost controls.
