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China Construction Bank Posts Downbeat Q3 Profit

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China Construction Bank (OTC: CICHY) reported a weaker-than-expected third-quarter profit.

China Construction's quarterly net profit climbed 9.4% to 56.8 billion yuan ($9.34 billion), missing estimates of 57.69 billion yuan.

Its net-interest income increased 8.2% to 98.85 billion yuan.

China Construction Bank shares closed at $14.78 on Friday.

Posted-In: profitEarnings News

 

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