国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Huaxia Bank's 2007 profit up 44.21%

(Xinhua)
Updated: 2008-03-18 17:27

Mid-sized Chinese commercial lender Huaxia Bank Co Ltd on Tuesday reported a 2007 net profit rise of 44.21 percent, while announcing an 11.5 billion yuan share issue.

Gross profit reached 3.81 billion yuan ($543 million), and its net profit climbed to 2.1 billion yuan, an increase of 644 million yuan, said the bank's annual report.

Its operating profit was 3.86 billion yuan in 2007, up by 50 percent year on year, with earnings per share (EPS) at 0.5 yuan.

Huaxia Bank attributed its surging profit to growth in loan to industrial and commercial sectors and hefty interest returns.

Its net interest income rose 52.27 percent to 11.25 billion yuan, while net fee and commission incomes totaled 451.25 million yuan, 15 percent up from 2006.

The bank said its non-performing loan ratio was 2.25 percent by the end of 2007, down 0.48 percentage points from that of 2006.

The bank's total assets rose 147.4 billion yuan from the previous year to 592.34 billion yuan in 2007, up 33.13 percent. Huaxia said it aimed to increase the assets to 682 billion yuan, with a non-performing loan ratio below 2.15 percent.

Huaxia Bank's capital adequacy ratio was 8.27 percent in 2007, only 0.27 percent higher than the minimum regulatory requirement of 8 percent, and it plans to issue new shares to boost its capital adequacy level.

The bank is to issue 11.5 billion yuan worth additional shares to three shareholders: Deutsche Bank AG, Germany's largest bank; Shougang Corp, the nation's seventh-biggest steelmaker; and the State Grid Corp.

Huaxia Bank is to sell 3.91 billion yuan worth of shares to Deutsche Bank AG, 3.94 billion yuan worth of shares to Shougang, and 3.71 billion yuan shares to State Grid.

The issue would leave Shougang as the bank's largest shareholder with a 10.2 percent stake and State Grid holds 8.15 percent, Deutsche Bank as the fourth largest shareholder with 7.02 percent.

Huaxia Bank listed on Shanghai Stock market in 2003, and its share price dropped 2.29 percent to close at 14.5 yuan Tuesday.


(For more biz stories, please visit Industry Updates)



Related Stories  
安溪县| 革吉县| 北京市| 宽甸| 辽阳市| 河东区| 阜康市| 剑川县| 凯里市| 乐安县| 胶南市| 衡水市| 周至县| 山东省| 昔阳县| 富民县| 浦城县| 轮台县| 寿光市| 中宁县| 丹巴县| 通榆县| 壤塘县| 左权县| 浏阳市| 屯门区| 建阳市| 岫岩| 定远县| 静宁县| 连城县| 大足县| 临江市| 汕头市| 清水县| 巴林左旗| 都江堰市| 西城区| 泗水县| 江口县| 温宿县|