CCB's Jan-Sept net profit up 25.8%

Updated: 2011-10-29 11:34


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BEIJING - China Construction Bank Corp, the country's second largest bank, said Friday that its net profit for the first nine months of the year rose 25.8 percent year-on-year on rising interest income and fees.

Its net profit totaled 139 billion yuan ($21.9 billion) in the first three quarters, the lender said in a statement filed to the Shanghai Stock Exchange.

Meanwhile, net interest income increased 22.41 percent from a year earlier to 223 billion yuan from January to September, the statement said. Fees and commissions topped 68.79 billion yuan in the period, up 41.31 percent year-on-year, it said.

For the third quarter, the bank's net profit rose 16.17 percent year-on-year to 46.2 billion yuan, the statement said, adding earnings per share was 0.18 yuan, up 5.88 percent year-on-year.

The bank's shares in the Shanghai bourse closed flat at 4.80 yuan.

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