www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Economy

Markets

Industries

Insights

Reports

Events

Minsheng sees Jan-Sept net profit up 18%

(Xinhua)
Updated: 2009-10-21 10:12

China Minsheng Banking Corp, the nation's first listed non-State-owned lender, announced Tuesday that it posted a net profit of 10.2 billion yuan ($1.49 billion) in the first three quarters, up 18.11 percent year-on-year.

The net profit in the third quarter alone stood at 2.83 billion yuan, up 8.9 percent from a year earlier, the lender said in a statement to the Shanghai Stock Exchange, the first third-quarter report from banks listed in China's A-share market.

Related readings:  Minsheng closes in on float  Minsheng net better than peers  Minsheng 'planning to raise stake' in California bank  Minsheng bank to be listed in HK within 2009

The lender attributed the net profit rise to the increasing income from net interest margin.

The non-performing loan rate of the bank dropped to 0.82 percent at the end of September from 0.86 percent at the end of June, according to the Beijing-based lender.

Equities of the Shanghai-listed bank rose 2.42 percent to 7.63 yuan per share on Tuesday.