CDB Leasing Announces 2021 Interim Results
HONG KONG, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - China Development Bank Financial Leasing Co., Ltd. ( "CDB Leasing" or "the Company"; stock code: 1606.HK) announces its interim results ended June 30, 2021 (the "Reporting Period").Results Highlight:For the six months ended June 30, 2021:-- Total lease financing to lessees amounted to RMB57.1 billion, representing an increase of 12% YOY; -- Net profit reached RMB1.8 billion, representing an increase of 46.2% YOY;-- Total revenue and other income was RMB10.4 billion, representing an increase of 8.6% YOY;-- Total assets reached RMB311.52 billion, representing an increase of 2.7% as compared with that as of the end of last year;-- Return on average equity was 13.33%, representing an increase of 3.5 percentage points as compared with that for the same period of last year;-- Non-performing asset ratio was 0.78%, representing a decrease of 0.02 percentage point compared with that as at the end of last year;-- Continue to maintain high credit ratings, "A1" by Moody's, "A" by Standard & Poor's and "A+" by Fitch. In the first half of 2021, CDB Leasing maintained strategic determination, strengthened responsibility, adhered to ...
