Market Overview

China Construction Bank Q3 Net Profit Up 12%


China Construction Bank (OTC: CICHY) reported a 12% rise in its third-quarter net profit.

China Construction Bank's quarterly net profit surged to 51.91 billion yuan ($8.29 billion), versus 46.19 billion yuan, in the year-ago period. However, analysts were expecting a net profit of 51.22 billion yuan.

Its net interest income climbed to CNY91.33 billion from CNY77.30 billion.

China Construction Bank shares fell 0.93% to close at $14.90 on Friday.

Posted-In: profitEarnings News


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