China Merchants Bank's 2025 profit up 1.2 percent, bad debt ratio inches down

China Merchants Bank (3968) said its net profit inched up 1.2 percent last year to 150 billion yuan (HK$168 billion).

Operating income was flat at 337.5 billion yuan, of which, net non-interest income dropped by 3.4 percent to 121.9 billion yuan. 

Non-performing loan ratio inched down by 0.01 percentage point to 0.94 percent.