Industrial Bank, a joint-stock bank based in southeast China's Fujian Province, realized 21.64 billion yuan ($3.53 billion) in net profit attributed to its parent company's shareholders, an increase of 26.52 percent from last year, according to the bank's interim report.
Its per-share earnings increased by 6.92 percent from the same period last year to 1.7 yuan ($0.28) per share.
The bank hit 53.46 billion yuan ($8.74 billion) in operational income in the first half of 2013 with 28.64 billion yuan ($4.68 billion) in operating profits.
The weighted average rate of return on net assets stood at 12.06 percent, down 1.75 percent from the same period last year.
Loans increased by 109.91 billion yuan ($17.96 billion), up 8.94 percent from the beginning of the year.
In addition, non-performing loans took up 0.57 percent of the total, up 0.14 percent from the beginning of the year. |