TC

01/09/2014 08:18

CCB (00939) interim net up 9% to Rmb130.66bn; no div

    China Construction Bank (CCB) (00939) said its net profit attributable to equity shareholders for the six months ended 30 June 2014 rose 9.15% year-on-year to Rmb130,662 million.
  Its basic and diluted earnings per share were Rmb52 cents.
  Net interest income amounted to Rmb211,292 million, an increase of 12.59% from a year earlier. Net interest margin rose to 2.8% from 2.71%.
  As at 30 June 2014, the Group's non-performing loans (NPLs) were Rmb95,668 million, an increase of Rmb10,404 million from the end of 2013, while the NPL ratio stood at 1.04%, 0.05 percentage points higher from the end of 2013.
  As at 30 June 2014, considering relevant rules in the transition period, the Group's total capital ratio, tier 1 ratio and common equity tier 1 ratio were 13.89%, 11.21% and 11.21%, an increase of 0.55, 0.46 and 0.46 percentage points respectively compared with those as at 31 December 2013.
  No interim dividend will be distributed. 

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