Agricultural Bank of China Limited (OTCPK:ACGBY) Q2 2025 Earnings Conference Call August 29, 2025 5:00 AM ET
Company Participants
Fanjun Meng – Executive Vice President
Li Lin – Executive VP & Executive Director
Qing Liu – Joint Company Secretary
Wenjin Wang – Executive Vice President
Zhiheng Wang – President & Executive Vice Chairman of the Board
Zhiheng Wang
Good afternoon. Welcome to 2025 mid-annual results conference announcement of ABC, Agricultural Bank of China. It’s a great honor to communicate with investors, analysts and media friends, both on-site and online.
First, I would like to extend a warm welcome to all of you for your active participation. And sincere gratitude for your long-term attention and support to the development of ABC.
We have with us Mr. Li Lin, Vice President; Vice President, Mr. Wang; and Vice President, Mr. Wang Wenjin; and Madam Liu Qing, Secretary of the Board of Directors and also joining us are colleagues from online.
I would like to report to you the performance in 3 aspects. Let’s first start with operational performance. In the first half of 2025, ABC firmly implemented decisions and arrangements of CPC, Central Committee and State Council adhered to its core responsibilities of serving the 3 rural issues and have maintained solid growth in key indicators.
There are 3 stabilities for the key indicators. One, the financial indicators are on the rise. In the first half of this year, net profit has up by 5.3% year-on-year. And also an operating revenue and income has both signatured at the positive growth. The growth rate has also climbed up by 0.7% and 0.4 percentage points in comparison to quarter 1 of this year.
Second, the asset quality has maintained and developed also further. The NPL ratio was down by 2 bps in comparison to the beginning of
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