Reported 8 months ago
On June 22, 2024, Southern Bank (2880) reported a May net profit of 2.018 billion Yuan, with a cumulative net profit for the first five months of 9.507 billion Yuan and an EPS of 0.7 Yuan. This year's net profit for the first five months increased by 15.53% compared to the same period last year. Southern Bank expects the overall profitability of the financial group to steadily progress and will dynamically adjust its operations and strategies. There was intense buying and selling activity by institutional investors, with foreign investors selling 42,260 shares, investment trusts significantly buying 92,777 shares, and proprietary traders buying 2,736 shares. Technical analysis shows Southern Bank's stock prices rose on the weekly, monthly, and quarterly trends and ended at 26.45 Yuan on the 21st, showing a 3.52% increase for the week with three consecutive weekly gains.
Source: YAHOO