Bank of East Asia 2012 Profit Up 39%
Bank of East Asia (OTC: BKEAY) reported a 39% rise in its 2012 net profit.
Bank of East Asia's net profit surged to 6.06 billion Hong Kong dollars (US$781 million), versus HK$4.36 billion, in the year-ago period. However, analysts were expecting a profit of HK$4.94 billion.
It proposed a final dividend of HK$0.63 per share, versus HK$0.51 per share, in the year-ago period.
Bank of East Asia shares closed at $3.9550 yesterday.
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