Business & Finance

CCB 2011 net profit up 25pc

Published Updated

Net profit in 2011 rose to 169.3 billion yuan from 135 billion yuan the year before, according to a filing to theHong Kongbourse.

This was below expectations for 170.1 billion yuan, according to a survey of 25 analysts polled by Thomson Reuters I/B/E/S.

Reuters calculations showed CCB earned 30.25 billion yuan in the October-December period, up 23 percent from 24.53 billion yuan during the same time a year ago.

Copyright Reuters, 2012