Banking News
- Huaxia Bank net income rises 34 percent
Date: 28-Aug-2007 Sources: (Shenzhen Daily)
HUAXIA Bank Co. said yesterday first-half profit surged 34 percent from a year earlier.
Net income increased to 1 billion yuan (US$132 million), or 0.24 yuan a share, from 745 million yuan, or 0.18 yuan per share, a year earlier, the Beijing-based bank said in a statement. Net interest income totaled 4.96 billion yuan, the bank said, without giving a year-earlier figure.
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