Universal Medical Financial & Technical Advisory Services (02666) said profit before tax of the Group increased by over 45% for the first quarter ended 31 March 2017 as compared with the corresponding period of 2016.
Net interest margin and net interest spread both remained stable as compared to those in 2016. In the meantime, the Group's asset size grew rapidly with consistent good quality. As of 31 March 2017, non-performing assets ratio remained stable as compared to the end of 2016 which still led the industry, and provision coverage ratio remained at steady level.
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