Market Overview

Bank of China H1 Net Profit Up 7.6%

Share:

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

 

Related Articles (BACHY)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com