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Bank of Communications Co
BCMXY reported a 30% rise in its 2011 net profit.
BoCom's net profit for the period climbed to CNY50.74 billion ($8.1 billion), versus CNY39.04 billion, in the year-ago period. However, analysts were expecting a net profit of CNY48.01 billion.
BoCom's net interest income surged 21% to CNY102.6 billion.
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