Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Aug. 15, 2022.
Mrs Annabella Ryan, has an investment platform where you don't need stress on your trade all you need to do is invest an watch your trading grow from your dashboard.......... Reach her on Instagram 🇦🇽🇦🇽👉@Annabellaryan_official_trader.......reach her on 👉👉❣️✅✅✅🇺🇸whatap:++1 (929) 566 8490
Revenue: CN¥121.1b (up 7.3% from 3Q 2020).
Net income: CN¥50.7b (up 13% from 3Q 2020).
Profit margin: 42% (up from 40% in 3Q 2020). The increase in margin was driven by higher revenue
RSI is hovering around financial crisis levels, money flow has a small uptick.. however the macd has not shown a buy signal. The earnings look relatively solid and knowing China is recovering best, I like to have exposure to China. My target price for Bank of China is 4.50 HKD.
- This is purely my opinion. Hope this thought helps some of you guys out.
The company reported a strong second quarter result with improved earnings, revenues and profit margins.
Second quarter 2021 results:
Revenue: CN¥124.5b (up 19% from 2Q 2020).
Net income: CN¥51.2b (up 26% from 2Q 2020).
Profit margin: 41% (up from 39% in 2Q 2020). The increase in margin was driven by higher revenue.
Hopefully the stock price will get higer from now on!