BIZCHINA / Biz Media Digest |
Bank: Minsheng's Q1 net rises(Shanghai Daily)Updated: 2007-04-25 14:57 China Minsheng Banking Corp, the nation's only privately controlled lender, said first-quarter profit rose 46.6 percent as an expanding economy fueled demand for loans. Net income climbed to 1.1 billion yuan (US$143 million), or 0.11 yuan a
share, from 754 million yuan, or 0.1 yuan per share a year earlier, the
Beijing-based company said in a statement to the Shanghai stock exchange
yesterday. The unaudited numbers were prepared under Chinese accounting
standards. (For more biz stories, please visit Industry Updates) |
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