[ET Net News Agency, 27 October 2017] Postal Savings Bank of China (PSBC) (01658) said
its net profit attributable to shareholders for the first nine months of 2017 rose 16.9%
year-on-year to Rmb40,469 million.
Basic and diluted earnings per share were Rmb0.5.
Net interest income amounted to Rmb136,539 million, an increase of 10.47% from a year
earlier. Net interest spread was 2.45%, representing an increase of 18 bps, as compared to
the corresponding period of the previous year. Net interest margin was 2.37%, representing
an increase of 11 bps, as compared to the corresponding period of the previous year.
According to the five-category classification of loans, the balance of non-performing
loans amounted to Rmb26,747 million. The non-performing loan ratio was 0.76%. The
allowance coverage ratio stood at 312.22%.
As at the end of the reporting period, the core tier-1 capital adequacy ratio was 8.73%,
the tier- 1 capital adequacy ratio was 9.84% and the capital adequacy ratio was 12.73%,
all meeting regulatory requirements. (HL)
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01658 PSBC
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4.520 0.000 (0.000%) Others
27/10/2017 17:12
PSBC (01658) 9-month net profit up 17% to Rmb40.47bn
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