BoCom (03328) interim net up 0.9% to Rmb37.66bn; no div

    Bank of Communications (BoCom) (03328) said its net profit attributable to shareholders of the parent company rose 0.9% year-on-year to Rmb37,661 million.
  Basic and diluted earnings per share were Rmb0.5.
  Net interest income amounted to Rmb68,148 million, a decrease of 4.1% from a year earlier. The net interest spread and net interest margin decreased by 27 and 30 basis points on a year-on-year basis to 1.83% and 1.97%, respectively. In which, the net interest spread and net interest margin in the second quarter decreased by 8 and 7 basis points as compared with the first quarter, respectively. 
  As at the end of June 2016, the Group's balance of non-performing loans was Rmb61.364 billion/1.54%, increased by Rmb5.158 billion/0.03 percentage point from the beginning of the year.
  At the end of June 2016, as calculated pursuant to the Administrative Measures for the Capital Reported of Commercial Banks (Provisional) issued by the CBRC, the Group has capital adequacy ratio of 13.18%, Tier 1 Capital adequacy ratio of 11.22%, and Core Tier 1 Capital adequacy ratio of 10.92%, which are all in compliance with the regulatory requirements.
  No interim dividend will be distributed.