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China Merchants Bank forecasts doubled H1 net profit

China Merchants Bank (CMB) said its unaudited net profit for the first half of this year would more than double compared with 6.12 billion yuan (886.96 million U.S. dollars) in the first half of 2007. The rise was driven by the comp ... ...full story at People's Daily

from People's Daily on Sat, Jul 05 2008

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19 Aug 08 visit China Merchants Bank reports 116% rise in 1H net profit  »  People's Daily First-half net profit for Shanghai-listed China Merchant Bank was 13.245 billion yuan (1.928billion U.S. dollars), up 116.42 percent year-on-year, it said in an online statement on Tuesday. Net interest income accounted for 83.91 percent of the...
07 Jul 08 visit China CITIC Bank forecasts H1 profit to surge 150%  »  People's Daily China CITIC Bank said Monday its net profit in the first half this year would surge 150 percent from 3.2 billion yuan (457 million U.S. dollars) in the same period last year. "The company had a good business run in the first half, w ...
04 Jul 08 visit ICBC forecasts over 50% rise of H1 net profit  »  People's Daily The Industrial and Commercial Bank of China (ICBC), the country's largest lender, said on Friday its unaudited first half net profit may jump more than 50 percent from a year earlier. Net profit was likely to be more than 61.26 bill ...
27 Aug 08 visit China Communications Bank H1 profit up 81 percent  »  People's Daily Bank of Communications, China's fifth biggest commercial bank, said its first half profit up 81.21percent over the same period last year on strong commission charges and fee income. Its net profit was 15.51 billion yuan (2.3 billion U.S. dollars)...
16 Oct 08 visit China Merchants Bank net profit expect to rise 80% in 1st 9 months  »  People's Daily China Merchants Bank (CMB), the country's sixth largest lender, announced on Thursday that its netprofit in the first three quarters was forecast to increase more than 80 percent, according to Thursday's China Securities Journal. The bank...

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