Weihai Bank Co Ltd Class (9677.HK) Q1 2025 Earnings Report

Weihai Bank delivered a solid QQ1 2025 with revenue of 1,265.91 million CNY and net income of 563.79 million CNY, translating to a net income margin of 44.54%. The quarter shows strong operating earnings as operating income equals gross profit at 1.2659 billion CNY, while total other income and expenses net a sizeable negative impact of -543.54 million CNY, resulting in income before tax of 722.37 million CNY. Net income benefited from tax expenses of 93.87 million CNY, producing a tax-adjusted bottom line that supports an EPS of 0.095 CNY. YoY and QoQ momentum is positive: revenue is up 6.09% year-over-year and 7.39% quarter-over-quarter; net income rises 4.94% YoY and 22.93% QoQ, with diluted EPS up 5.79% YoY and 61.84% QoQ. These figures point to durable earnings power, anchored by core operating earnings, though the substantial negative other income line introduces volatility and warrants close monitoring in subsequent quarters. Management commentary in the accompanying material is not included in the dataset, so the forward-looking view relies on disclosed metrics and prevailing industry dynamics for Chinese regional banks.