[ET Net News Agency, 27 October 2017] Bank of Chongqing (01963) said its net profit
attributable to shareholders for the third quarter of 2017 rose 12.6% year-on-year to
Rmb1,047 million.
Basic earnings per share were Rmb0.33.
For the first three quarters of 2017, the net profit grew 11.4% year-on-year to
Rmb3,296.6 million. Basic earnings per share were Rmb1.05.
For the first nine months of 2017, net interest income amounted to Rmb6,124.38 million,
an increase of 4.8% as compared with the same period of the previous year. The annualized
net interest margin was 2.14%, representing a decrease of 26 basis points as compared with
the same period of the previous year.
As at 30 September 2017, the balance of non-performing loans amounted to Rmb2,524.06
million, representing an increase of Rmb1,081.57 million as compared to the end of the
previous year; the non-performing loan ratio was 1.48%, representing an increase of 0.52
percentage point as compared to the end of the previous year; and the provision coverage
ratio was 189.60%, representing a decrease of 103.75 percentage points as compared to the
end of the previous year.
The Group's Core Tier One capital adequacy ratio and Tier One capital adequacy ratio
were 9.29% and 9.31%, respectively, representing a decrease of 0.53 and 0.51 percentage
point respectively as compared to the end of the previous year, and the capital adequacy
ratio was 12.81%, representing an increase of 1.02 percentage points as compared to the
end of the previous year. (HL)