China Construction Bank net profit up in H1
Updated: 2012-08-27 09:23
(Xinhua)
|
|||||||||||
BEIJING -- China Construction Bank, the country's second largest state-owned bank, said its net profit rose 14.57 percent to 106.49 billion yuan ($16.9 billion) in the first half of this year.
The bank's business revenue during the period totaled 227 billion yuan, registering a 15.8 percent year-on-year growth, according to the bank's report filed with the Shanghai Stock Exchange late Sunday.
Total assets of the bank stood at 13.5 trillion yuan as of the end of June, up nearly 10 percent compared to the end of last year.
Net interest income grew 16.46 percent year-on-year to 169.7 billion yuan, accounting for 74.75 percent of the total business revenue, said the bank.
Income from commission charges also rose 3.3 percent from the same period last year to 49.24 billion yuan, it said.
As of the end of June, the bank's capital adequacy ratio stood at 13.82 percent, while core capital adequacy ratio was 11.19 percent, down 0.14 percentage point and 0.22 percentage point from six months earlier, respectively.
The bank's non-performing loan ratio was 1 percent as of the end of June, down 0.09 percentage point compared to the level at the end of 2011. Meanwhile, the bank's outstanding NPL stood at 70.42 billion yuan, down 498 million yuan from six months ago.
Shares of the bank dropped 0.75 percent to 3.98 yuan in Shanghai on Friday.
Related Stories
China Everbright Bank H1 profits surge 40% 2012-08-25 11:07
Banks reduce foreign currency deposit rates 2012-08-24 11:03
Minsheng Bank H1 profit surges 36.9% 2012-08-24 10:13
Bank of China H1 profit up 6.8% 2012-08-24 10:06
Q2 bank earnings to signal end of easy profits 2012-08-23 10:42
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
All-out efforts to save lives |
Liaoning: China's oceangoing giant |
Poultry industry under pressure |
'Spring' in the air for NGOs? |
Boy set to drive Chinese golf |
Latest technology gets people talking |