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<Blue Chip Results>BOC 2022 NP Up 5% to RMB227.44B, Little Shy; Final DPS RMB23.2 Cents In Line
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BANK OF CHINA (03988.HK) announced that the net profit rose 5% year-on-year to RMB227.439 billion for the year ended 31 December 2022, versus brokers' forecast as compiled by our reporters at RMB226.837-229.854 billion. The net profit was a little shy of the median of their forecasts at RMB228.755 billion. Basic EPS was RMB73 cents. A final dividend of RMB23.2 cents was declared, largely in line with brokers' forecast as compiled by our reporters at RMB23 cents.

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