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Shanghai bank sees H1 net profit up 149%

Shanghai Pudong Development Bank Co. (SPDB), partly owned by Citigroup Inc., said on Saturday the first half net profit soared 149.62 percent from the same period a year earlier. The surge in profit came on increasing loan, lower corporate income... ...full story at People's Daily

from People's Daily on Mon, Aug 25 2008

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14 Oct 08 visit Shanghai Pudong Bank forecasts 150% profit growth in first 3 quarters  »  People's Daily Shanghai Pudong Development Bank, partly owned by Citigroup Inc., forecast unaudited net profit will surge about 150 percent year-on-year in the first three quarters of 2008. In a statement to the Shanghai Stock Exchange on Tuesday, the mid-sized...
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