Postal Savings Bank of China made a net profit of CNY 18,861 mil under revenues of CNY 76,108 mil in the second quarter of 2019, up 17.7% and 12.3% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of CNY 18,861 mil in 2Q2019 and an all time low of CNY 5,186 mil in 4Q2016. The average profit in the last six quarters amounted to CNY 14,949 mil.
On the other hand, bank’s revenues amounted to an all time high of CNY 85,285 mil in 4Q2017 and an all time low of CNY 47,438 mil in 3Q2016. The average revenues in the last six quarters reached CNY 68,853 mil.
When compared to bank's main peers, Home Credit China generated a quarterly net profit of CNY 439 mil with revenues of CNY 5,024 mil in 2Q2019, Qudian netted CNY 1,143 mil (revenues of CNY 1,935 mil) and Lexin FinTech announced a net profit of CNY 628 mil (revenues of CNY 1,447 mil).
You can see all the bank’s data at Postal Savings Bank of China Profile, or you can download a report on the bank in the report section.
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