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china-flag 400SHANGHAI: Profits at China's Shanghai Pudong Development Bank rose 25 percent year-on-year in 2012 to 34.16 billion yuan ($5.48 billion), according to a preliminary financial report published on the Shanghai Stock Exchange website late on Friday.

 

The rate of increase over the previous year was slower than the 42 percent it recorded in 2011 as a result of economic headwinds, official news agency Xinhua said on Saturday.

 

Earnings per share rose 25 percent to 1.831 yuan per share while its non-performing loan ratio increased to 0.58 percent, up 0.14 percentage points against the end of 2011.

 

Shares in the bank closed at 10.02 yuan at the end of trading on Friday. They have risen more than 40 percent since hitting a year low of 7.1 yuan at the end of September.

Copyright Reuters, 2013


 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln