Market Overview

Bank of China H1 Net Profit Up 7.6%


Bank of China Ltd (OTC: BACHY) reported a 7.6% rise in its first-half net profit.

Bank of China's net profit for the period climbed to CNY71.6 billion (US$11.3 billion), versus CNY66.56 billion, in the year-ago period. However, analysts were expecting a net profit of CNY73.83 billion.

Its net interest income climbed 13% to CNY124.05 billion.

Bank of China shares closed at $9.55 yesterday.

Posted-In: profitEarnings News


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