Aug. 10, 2012 (China Knowledge) - Industrial Bank Co Ltd<601166
>, a Fujian-based
bank partly owned by HSBC Holdings Plc<0005
>, said its net profit jumped 39.81% YoY to RMB 17.1 billion in the first half of this year.
Basic earnings per share were RMB 1.59 for the period, higher than RMB 1.13 it booked in the same period of 2011.
In the first half of this year, the lender's operating revenue reached RMB 41.22 billion, surged 57.06% from a year earlier.
The bank saw its net interest income at RMB 34.61 billion in the period, which accounted for 83.96% of its operating revenue. Meanwhile, its non-interest income was RMB 6.61 billion, accounting for 16.04% of the total operating revenue.
At the end of Jun 2012, the bank's total assets had reached RMB 2.78 trillion, 15.43% more than at the end of last year.
Non-performing loan ratio was 0.4% at the end of June, 0.02 percentage points higher than at the end of last year.