Banking News
- Huaxia sees steady profit growth
Date: 8-Mar-2007 Sources: (Shenzhen Daily)
HUAXIA Bank Co., Deutsche Bank's strategic partner in China, expects net profit this year to grow by about as much as it did in 2006, chairman Liu Haiyan said yesterday.
Huaxia said Feb. 1 that its unaudited 2006 net profit rose 13 percent from 2005 to 1.457 billion yuan (US$188.2 million). The bank said then that it expects to post audited results April 20.
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