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Bank of Beijing's net profit up 25.51% in H1

Aug. 29, 2012 (China Knowledge) - Bank of Beijing Co Ltd <601169>, China's largest city lender by assets, announced yesterday that its net profit jumped 25.51% YoY to RMB 6.4 billion in the first half of this year.

Basic earnings per share were RMB 0.79 during the period.

The bank's operating revenue surged 36.52% YoY to RMB 13.3 billion in the first six months. Non-interest income soared 46% to RMB 1.6 billion in the period.

At the end of June, the lender's total assets had increased 15% from the end of last year to RMB 144.5 billion.

Capital adequacy ratio had increased 1.12 percentage points from the beginning of this year to 13.18% and core capital adequacy ratio had risen 1.37 percentage points to 10.96%.

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