Luzhou Bank's revenue and net profit growth exceeded 20%, behind which the pre-tax profit share of corporate banking business dropped to 7.63%

Luzhou Bank's latest financial report shows that the growth rate of revenue and net profit exceeded 20%. The reason behind this is that the pre-tax profit ratio of the company's banking business dropped to 7.63%. This means that the company has achieved remarkable results in operating banking business, with both revenue and profits showing a steady growth trend.

However, from a segment perspective, the proportion of Luzhou Bank's retail banking and financial market business operating income has fluctuated in 2023. In particular, the pre-tax profit of corporate banking business fluctuates more obviously, accounting for only 7.63% of operating income. In comparison, this proportion will be higher in 2022.

Luzhou Bank’s revenue and net profit growth rate

Luzhou Bank's revenue and net profit growth exceeded 20%, which was mainly due to the company's efforts and strategic adjustments in banking business. The company actively explores markets, improves business efficiency, and further expands revenue and profit scale.

Fluctuating share of retail banking and financial markets businesses

The proportion of retail banking and financial market business in Luzhou Bank's operating income has fluctuated, which may be affected by market environment and competitive pressure. Companies need to pay close attention to market changes and flexibly adjust business strategies to cope with uncertainties.

Corporate banking's pre-tax profit share declines

The pre-tax profit ratio of corporate banking business dropped to 7.63%, which may be related to the company's efforts in business expansion and risk control. The company needs to further optimize its business structure, improve risk management capabilities, and maintain good operating conditions.