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CITIC Bank expects net profit to rise 50% per cent last year

Source: Internet
Author: User
Keywords Bank net profit last year
Tags .net asset balance continued drop listed listed companies net
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Citic Bank (601998.　　SH,00998.HK released its 2010-year performance forecast today that the net profit attributable to shareholders of listed companies in 2010 is expected to grow by more than 50% per cent year-on-year.　　2009 years, Citic Bank achieved a net profit of 14.32 billion yuan, earnings per share of 0.37 yuan.　　The performance forecast also said that 2010, Citic Bank non-performing loan balance and non-performing loan rate continued double drop, the provision coverage ratio of more than 200%. According to the announcement, Citic Bank last year increased profitability, net interest margin significantly increased, asset quality continued to be good.

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