Home / Metal News / Precious Metals / China Everbright Bank Profit Up 41 Pct in Q1
China Everbright Bank Profit Up 41 Pct in Q1
Apr 27,2012 13:02CST
data analysis
Source:SMM
China Everbright Bank's profit jumped 41% year on year to reach 6.86 billion yuan for 1Q, the mid-sized lender said in a statement filed to the Shanghai Stock Exchange.

BEIJING, April 27 (Xinhua) -- China Everbright Bank's profit jumped 41% year on year to reach 6.86 billion yuan (1.07 billion U.S. dollars) for the first quarter of the year, the mid-sized lender said in a statement filed to the Shanghai Stock Exchange.

The bank attributed the profit growth to the expansion of its business scale and an increase in net interest income, according to the statement.

In the first three months, the lender's earnings per share rose 42% to 0.17 yuan. Its operating revenue surged 35 percent to 15 billion yuan, the statement said.

By the end of March, the lender's capital adequacy ratio, which measures a bank's ability to deal with risk assets, stood at 10.67 percent, up 0.1 percentage point from the end of 2011. Its core capital adequacy ratio rose 0.22 percentage points to 8.11%, the statement said.

The bank's non-performing loan ratio remained unchanged at 0.64% at the end of March compared to the beginning of 2012, the statement said.

 

China Everbright Bank; profits for 1Q

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

MOST POPULAR
data analysis
data analysis
data analysis
data analysis
data analysis