Agricultural Bank Of China Limited operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Agricultural Bank Of China Limited with three other
companies in this sector in CHINA :
Industrial and Commercial Bank of China Ltd
(2019
sales of 1.21 trillion Chinese Renmimbi [US$173.43 billion]
of which 32%
was Corporate Banking),
Bank of China Ltd
(931.53 billion Chinese Renmimbi [US$133.11 billion]
of which 24%
was Corporate Banking), and
China Construction Bank Corp
(1.10 trillion Chinese Renmimbi [US$156.85 billion]
of which 24%
was Personal Banking).
Sales Analysis.
Agricultural Bank Of China Limited reported sales of 1.01 trillion Chinese Renmimbi (US$143.92 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 10.1%
versus 2018, when the company's sales were 914.48 billion Chinese Renmimbi.
This was the third consecutive year of growth at Agricultural Bank Of China Limited.
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
35.4% in 2019, from
28.47 billion Chinese Renmimbi to 38.55 billion Chinese Renmimbi.
Agricultural Bank Of China Limited also saw significant increases in sales in
Treasury Operations (up 20.5% to 79.11 billion Chinese Renmimbi)
.
Not all segments of Agricultural Bank Of China Limited experienced an increase in sales in 2019:
sales of Corporate Banking fell 1.1% to 271.72 billion Chinese Renmimbi.