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01288 ABC
RTNominal down3.340 -0.020 (-0.595%)
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30/04/2018 08:54

ABC (01288) 1Q net profit up 5.4% to Rmb58.74bn

[ET Net News Agency, 30 April 2018] Agricultural Bank of China (ABC) (01288) said its
net profit attributable to equity holders for the first quarter ended 31 March 2018 rose
5.43% year-on-year to Rmb58,736 million.
Basic and diluted earnings per share were Rmb0.17.
Operating income amounted to Rmb157,238 million, an increase of 5.19% from a year
earlier.
Net interest income amounted to Rmb117,481 million, an increase of 13.83% over the same
period of 2017.
At 31 March 2018, the Group's non-performing loans amounted to Rmb186,952 million,
representing a decrease of Rmb7,080 million compared to the end of 2017. Non-performing
loan ratio was 1.68%, representing a decrease of 0.13 percentage point compared to the end
of 2017. (HL)

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