TC

31/08/2015 11:06

Minsheng Bank 1H net up 4.7% to Rmb26.78bn; div Rmb7.5 cts

    China Minsheng Banking Corp. (01988) said its net profit attributable to equity shareholders for the first half of 2015 rose 4.72% year-on-year to Rmb26,778 million.
  Basic and diluted earnings per share were Rmb0.78 and Rmb0.74.
  Net interest income amounted to Rmb46,994 million, an increase of 7.78% from a year earlier. Net interest margin and net interest spread were 2.35% and 2.19%, representing a decrease of 0.27 and 0.23 percentage point, as compared with the corresponding period of the previous year.
  As at the end of June 2015, Tier-one capital adequacy ratio was 9.17%, an increase of 0.58 percentage point from the end of last year.
  A cash dividend of Rmb0.75 (before tax) for every 10 shares will be distributed to shareholders.

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